In the Asian session, the German Benchmark Index traded above 18,400 levels.
European markets are poised to begin Wednesday on a positive note, extending the momentum witnessed since the beginning of the week.
Following a day of gains on Tuesday, regional stocks closed higher, with the UK's FTSE 100 reaching a new intraday record high as investors continued to embrace the positive sentiment prevailing throughout the week.
The buoyancy in Europe's markets can be attributed to the upward movement in Asia and on Wall Street, where investors have been closely monitoring tech earnings.
Projections indicate that the UK's FTSE 100 index is set to open 40 points higher, Germany's DAX up 60 points, France's CAC 20 points higher, and Italy's FTSE MIB up 206 points, as per data from IG.
