Germany, one of Europe’s cheapest stock markets, is starting to see a resurgence in investor interest.

Less than three weeks before the UK votes on its membership in the EU, the country’s equity investors are much less worried about the outcome than their colleagues trading currencies.

Optimism for further central bank stimulus sent European stocks to a three-month high, fuelled by gains in carmakers amid a weak euro.

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.