The Trader 

Market Outlook: European stocks mixed, oil rally out of gas + JD, Ocado & ITV

Market Outlook: European stocks mixed, oil rally out of gas + JD, Ocado & ITV

Germany’s top court laid down a challenge to the European Union: who is the final arbiter in European law? Apparently, they don’t think it is the ECJ. German judges think the ECB needs to show buying bonds under QE was proportionate – by what yardstick? They have 3 months to comply or the Bundesbank won’t be allowed to play.

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