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The reports focused on strengthening economic relations between the UAE and Germany, with the Joint Economic Committee exploring ways to accelerate negotiations for a free trade agreement between the two countries. In another development, UBS bought $8 billion worth of bonds to reduce its debt. Oil markets experienced weekly gains due to supply disruption concerns. Additionally, gold prices rose to $4,400 as investors awaited the Federal Reserve's decision on interest rates, and U.S. stock indexes continued to climb after inflation data.
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