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German court ruling on ECB powers calms bond markets

Move comes as investors brace for Britain's too-close-to-call referendum to leave EU
Wednesday, June 22, 2016 - 05:50


A DECISION by Germany's top court to reject a challenge to an emergency European Central Bank (ECB) bond-buying scheme comforted bond markets on Tuesday as investors braced for Britain's too-close-to-call referendum on whether to stay in the European Union.

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