European Markets Surge Amid Economic Data and Corporate Gains

European shares advanced, led by industrials with gains driven by upcoming economic data, Central Bank policy meeting minutes, and positive corporate news. Key influences include the ECB's interest rate decisions and US trade threats. Positive corporate performances from defense, chemicals, insurance, and automotive sectors fuelled the market rally.

European shares surged on Monday, with the majority of sectors seeing gains, setting the stage for a week filled with significant global economic indicators, including inflation data from Germany and the United States.

The pan-European STOXX 600 climbed 1%, driven by notable 1.4% gains in industrials. This week, economic players eagerly await inflation rates across the US and Europe, alongside a preliminary reading of the euro zone's third-quarter GDP, to gauge economic health.

Additionally, investors are focused on Thursday's release of the European Central Bank's October policy meeting minutes. The meeting saw a 25-basis-point interest cut. European markets closed last week with losses as they weighed the risk of tariffs under Donald Trump's revived presidency, while internal political strife constrains Europe's major economies.

(With inputs from agencies.)