European Equities Enjoy Draghi’s QE plans

European markets rallied to close higher on Thursday after the European Central Bank (ECB) announced a full-scale bond-buying program.

The pan-European FTSEurofirst 300 provisionally closed 1.6 percent higher at 1,453.28 points—its highest closing level since early 2008, according to Reuters.

The U.K.’s benchmark FTSE index ended unofficially 1.0 percent higher, while the French CAC and German DAX closed around 1.7 percent and 1.4 percent higher respectively.

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