European investors' confidence jumps on Draghi comments

Bump for bonds and equities after talk of QE boost in March

The Stoxx Europe 600 Index closed 1.9 per cent higher, while German 10-year yields dropped to the lowest since October Pic: Getty

European stocks rebounded from a 15-month low after Mario Draghi said the European Central Bank may reconsider its monetary policy stance in March.

A weakening in the euro buoyed exporters and commodity producers, after Draghi noted an increase in downside risks this year and said there were no limits to the central bank’s actions

within mandate.

The Stoxx Europe 600 Index closed 1.9 per cent higher, the biggest advance since December 23, after ...