Vietnam’s State Bank to Auction Gold for First Time in a Decade
State Bank of Vietnam will resume auctions of gold bars after over a decade as it seeks to boost supply of the precious metal amid record high prices.
State Bank of Vietnam will resume auctions of gold bars after over a decade as it seeks to boost supply of the precious metal amid record high prices.
The European Union will be able to find a way to raise more joint debt that is acceptable to Germany’s constitutional court — if there is sufficient political will, according to Spain’s economy minister.
Currency markets are in full risk-off mode amid fears of a widening conflict in the Middle East, with traders rushing for safe havens in both spot and options.
The European Union’s demand for liquefied natural gas, which provided a key lifeline during the energy crisis, will likely peak this year as the region accelerates its renewables transition, according to the bloc’s energy regulator.
It’s still too early to declare that euro-area inflation has been vanquished, even if the European Central Bank is on track to deliver a first interest-rate cut in June, Governing Council member Martins Kazaks said.
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