European Shares Set for Strong Start, Earnings Eyed

European shares were set to open stronger on Wednesday, tracking chunky gains in the United States and Asia as a stop-start recovery continued amid a rush of quarterly earnings.

Bookmakers expected Britain's FTSE 100 to open up 55-60 points, Germany's DAX up 67-80 points and France's CAC 40 up 52-66 points, making for gains of around 1 percent.

Investors were set for a busy day of corporate earnings, with Italian bank UniCredit among the prominent names reporting.