European stock markets are seen edging higher at the open, continuing the positive tone from the previous session, as investors digest more corporate earnings ahead of a Bank of England meeting.

At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.1% higher, CAC 40 futures in France climbed 0.1% and the FTSE 100 futures contract in the U.K. rose 0.1%.

The major European indices closed substantially higher Wednesday, with the DAX gaining 2.1%, the FTSE 100 1.7% and the CAC 40 1.4%, having their best day in nearly two months as resource stocks jumped and data showed Eurozone business activity picked up in April.

The pan-European Stoxx 50 climbed up by 1.99% to 4,002.8. In the cash markets, the DAX futures Germany was trading up 2.12% to 15,170.78. CAC 40 futures in France up by 1.40% to 6339.50 while the FTSE 100 futures in the U.K. up 0.13% at 7,047.4, at the time of writing.

TECHNICAL INDICATORS

FTSE 100: