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LIVE MARKETS ECB QE: beware of legal challenges [Reuters]

Aegon Ltd. New York Registry Shares (AEG) 
US:NYSE Investor Relations: aegon.com/investors
Company Research Source: Reuters
U.S. stock index futures mixed Dec 6 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com ECB QE: BEWARE OF LEGAL CHALLENGES (1214 GMT) Is the European Central Bank monetary stimulus exposed to legal challenges? No doubt, this is not a hot topic right now as the central bank has been committed to avoiding a financial meltdown since the start of the coronavirus crisis in 2020. But Hendrik Tuch, head of fixed income NL at Aegon Asset Management, warns that the ECB could be in breach of EU treaties on monetary financing. "It is very clear the market believes the ECB will continue to purchase a substantial part, if not all, of the future supply of European governments," he says in a research note. "Furthermore, the market expects the ECB to allow sufficient flexibility in the composition of these purchases to protect Italy and other high-debt countries from a s Show less Read more
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