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  • Ireland’s Central Bank Says Digital Euro Not Matter of If, But ‘When and How’
    Business
    CoinDesk

    Ireland’s Central Bank Says Digital Euro Not Matter of If, But ‘When and How’

    Introducing a digital euro would represent a "fundamental shift" in the Eurozone's financial architecture, Governor Gabriel Makhlouf noted.

  • Gold eyes biggest weekly gain in over 2 months on Fed signal
    Business
    Reuters

    Gold eyes biggest weekly gain in over 2 months on Fed signal

    Gold prices were on track for their biggest weekly gain in more than two months on renewed signs that the U.S. Federal Reserve may not taper economic support and hike interest rates in the near term. Spot gold was steady at $1,827.28 per ounce by 0256 GMT, having hit its highest since July 15 at $1,832.40 on Thursday. It was on track for its biggest weekly gain since May 21, having risen 1.4% so far.

  • Oil falls but heads for strong weekly gain on demand growth
    Business
    Reuters

    Oil falls but heads for strong weekly gain on demand growth

    Oil prices fell on Friday but were on track to post solid gains for the week with demand growing faster than supply, while vaccinations dampen the impact of a resurgence in coronavirus cases worldwide. U.S. West Texas Intermediate (WTI) crude futures fell 38 cents, or 0.5%, to $73.24 a barrel, whittling down a 1.7% rise from Thursday. Both benchmark contracts were headed for gains of around 2% for the week, buoyed by indications of tight crude supplies and strong demand in the United States, the world's biggest oil consumer.