European markets set to start the new trading month higher

LONDON — European stocks are expected to commencement the caller trading week — and period — connected a affirmative enactment up of a engaged week of cardinal slope decisions and earnings.

The U.K.'s FTSE scale is seen opening 0.16% higher, Germany's DAX up 0.27%, France's CAC 40  up 0.3% and Italy's FTSE MIB up 0.12%, according to information from IG.

Another engaged week is coming up for Europe with Ryanair reporting third-quarter net Monday, followed by BP, Ferrari and Aramco connected Tuesday and BMW and Vestas the time after, among others. On Thursday, net volition travel from Commerzbank, Diageo, Rheinmetall, AstraZeneca and Maersk and connected Friday, we'll get Richemont's latest results.

The Riksbank volition denote its latest involvement complaint determination connected Wednesday. Then connected Thursday, we'll person the latest monetary argumentation determination from the Bank of England, with economists divided implicit whether the cardinal slope volition clasp oregon chopped involvement rates. Germany's Bundesbank volition besides releases its latest fiscal stableness report.

U.S. banal futures were small changed connected Monday morning, portion Asia-Pacific markets traded mixed.

Investors successful Asia are assessing manufacturing enactment figures from China pursuing the merchandise of RatingDog's purchasing managers' scale for October. China's manufacturing enactment slowed to 50.6, missing the 50.9 expected by economists polled by Reuters and little than September's 51.2.

The official PMI numbers released Friday by the National Bureau of Statistics showed that China's manufacturing enactment successful October shrank to its lowest level successful six months, coming successful astatine 49.0.

— CNBC's Lim Hui Jie contributed reporting to this story.