India, July 17 -- European stocks inched higher on Thursday, haling a four-day losing streak on optimism over a potential trade deal between the United States and the European Union.
The bloc is readying a package of tariffs to be levied on 72 billion euros' ($84bn) worth of goods against the U.S, if negotiations failed.
In economic releases, data showed the U.K. unemployment rate rose unexpectedly to 4.7 percent in the three months to May, while it was forecast to remain unchanged at 4.6 percent.
Pay growth slipped from 5.3 percent to 5 percent, spurring hopes the Bank of England will cut interest rates next month.
The pan European STOXX 600 was up 0.6 percent at 545.28 after falling 0.6 percent on Wednesday following disappointing ear...