The October stock rally is back, thanks to some handy comments on stimulus from Mario Draghi and better-than-expected earnings from Google Inc. and Amazon. com Inc.

Asian index futures signaled gains from Japan to Hong Kong, and Australian equities jumped Friday after Draghi said the European Central Bank will consider bolstering its bond-buying program before the end of 2015, sparking a surge in European and U.S. stocks. Nasdaq 100 Index futures were about 1.6 percent above the gauge’s closing level after shares of Google parent Alphabet Inc. and Amazon jumped more than 10 percent in extended U.S. trading. The euro was at a two-month low, while oil headed for a weekly loss.

The ECB is the latest central bank to switch to a more dovish tone on stimulus, with its willingness to bolster support for the euro-area economy a shot in the arm for risk assets that have benefited from the wave of global monetary easing. With banks and retailers posting more mixed results this season, the results from Google and Amazon, which reported a surprise profit, bolstered optimism over the outlook for U.S. equities. Stocks in New York returned Thursday to their trading range from before China’s shock yuan devaluation in August. A gauge of Japanese manufacturing is due Friday, with Chinese house prices.

The S&P/ASX 200 Index climbed 1.8 percent by 10:13 a.m. in Sydney, rising for a third day to be on track for a 1.7 percent advance in the week. New Zealand’s S&P/NZX 50 Index, the first major stock gauge to start trading each day in the Asian region rose for an 11th day in its longest rally since November.

Futures on the Nasdaq 100 traded at 4,576.75, compared with 4,492.50 at 4 p.m. Thursday in New York and the index’s closing level of 4,503.22. Shares of Alphabet, the new holding company that encompasses Google, soared as much as 13 percent after hours as an increase in advertising sales and restrained spending underpinned the third-quarter results. Amazon reported a 17 cents-a-share profit, amid analysts’ expectations for a loss of 13 cents.

Source: Bloomberg