Dubbed the central bank to the world’s central banks, the BIS, which is coordinating many of their discussions on digital currencies, set out recommendations on Wednesday on how a CBDC such as a digital dollar, euro, yen or yuan should look. Key takeaways Central bank digital currencies (CBDCs) offer in Continue Reading

LONDON, June 22 (Reuters) – Benchmark oil prices could hit $100 a barrel and price volatility could also grow due to lower investments and the energy transition, the heads of top energy companies said on Tuesday. “There is quite a chance to reach $100 but we could see again in Continue Reading

Gold prices rose on Wednesday after U.S. Federal Reserve Chair Jerome Powell pledged to keep interest rates near zero for some time, although gains were capped by a slight uptick in the dollar as investors waited for further clarity on inflation. Spot gold XAU= was up 0.2% at $1,781.18 per Continue Reading