Mario Draghi in ‘exceptional boost’ to Irish exporters

The euro weakened and global equities resumed their October rally after the ECB signalled that additional monetary stimulus known as quantitative easing is at the ready if growth continues to falter.

European stocks surged to a two-month high and bonds in the region jumped. American equities joined the rally, with gains underpinned by strong results from blue-chip companies.

The euro fell to a three-week low.