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Tim Stevenson, Director of Pan European Equities, provides comments on the recent rally in European markets over the past six weeks. He touches on Draghi’s unprecedented press conference ahead of the European Central Bank (ECB) meeting where he stated the ECB would do all that it can within its powers to save the euro and that “believe me, it will be enough”. This statement, backed up by other European leaders, may have played a key part in the markets’ rally.