European stocks are poised for a positive trading session following a slowdown in inflation data from both the United Kingdom and the United States. The UK Consumer Price Index (CPI) showed signs of cooling, contributing to the upward momentum in European markets. As the trading day progressed, European stocks extended their gains, buoyed by the cooler-than-expected inflation figures. The performance of UK midcap stocks also saw a notable increase, reflecting broader market optimism ahead of the anticipated U.S. inflation data release.