In the Asian session, the German Benchmark Index traded below 18,000 levels.
European stock markets are poised to open on a positive note Wednesday, despite global unease triggered by statements from the head of the U.S. Federal Reserve.
In remarks made on Tuesday, Fed Chair Jerome Powell emphasised the need for additional progress on the inflation front before considering rate cuts, citing a lack of significant advancement toward the central bank's 2% inflation target so far this year.
According to data from IG, the U.K.'s FTSE 100 index is projected to open 39 points higher, Germany's DAX up 47 points, France's CAC 52 points higher, and Italy's FTSE MIB up 93 points.
