In the European session, the German Benchmark Index traded above 18,600 levels.
European stock markets opened higher on Wednesday, buoyed by London's FTSE 100 hitting a new record high amidst growing expectations of a summer interest-rate cut in the UK as inflation eases. The FTSE 100 rose by 0.4 percent to reach 8,347.47 points ahead of the Bank of England's rate decision.
While an immediate cut isn't widely anticipated, market strength in recent times has been fueled by increasing optimism for a potential summer rate reduction, as suggested by some analysts. In early trading, the Paris CAC 40 index climbed by 0.6 percent, while Frankfurt's DAX gained 0.3 percent.