George Pavel, General Manager at Capex.com Middle East, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/georgepavel/ Business News Thu, 16 Jan 2025 13:26:18 +0000 en-GB hourly 1 https://londonlovesbusiness.com/wp-content/uploads/2020/07/LLB-favicon.jpg George Pavel, General Manager at Capex.com Middle East, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/georgepavel/ 32 32 Oil prices weighed down by geopolitical easing https://londonlovesbusiness.com/oil-prices-weighed-down-by-geopolitical-easing/ Thu, 16 Jan 2025 13:26:17 +0000 https://londonlovesbusiness.com/?p=188843

Crude oil futures were under pressure after a strong rise in the previous session, although crude prices continue to find support due to supply concerns. U.S. sanctions on Russian oil…

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Gold maintains upward momentum as markets eye Trump’s economic policies https://londonlovesbusiness.com/gold-maintains-upward-momentum-as-markets-eye-trumps-economic-policies/ Fri, 10 Jan 2025 08:34:25 +0000 https://londonlovesbusiness.com/?p=188423

Gold continued its positive momentum, marking its third consecutive session of gains, driven by safe-haven demand. Markets are carefully analysing the potential economic and inflationary impacts of the US President-elect…

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Hawkish Fed outlook supports dollar strength https://londonlovesbusiness.com/hawkish-fed-outlook-supports-dollar-strength/ Fri, 03 Jan 2025 10:48:43 +0000 https://londonlovesbusiness.com/?p=187977

The U.S. dollar retreated slightly but remained near a two-year high, positioning itself for its strongest weekly performance in over a month, as market participants prepare for a potentially more…

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Slower US rate cuts weigh on crude, dampening demand growth outlook https://londonlovesbusiness.com/slower-us-rate-cuts-weigh-on-crude-dampening-demand-growth-outlook/ Fri, 20 Dec 2024 07:35:27 +0000 https://londonlovesbusiness.com/?p=187272

Crude oil futures were volatile following the U.S. Federal Reserve’s indication that it would slow the pace of interest rate cuts in 2025. This development raised concerns about potential economic…

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Gold range-bound: Focus shifts to Fed and US payrolls data https://londonlovesbusiness.com/gold-range-bound-focus-shifts-to-fed-and-us-payrolls-data/ Thu, 05 Dec 2024 11:46:05 +0000 https://londonlovesbusiness.com/?p=186216

Gold remains in a narrow trading range, reflecting uncertainty in the near term as investors await the Nonfarm Payrolls (NFP) report. The outcome of Friday’s NFP report could play a…

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Yen weakens on BoJ uncertainty and US yield strength https://londonlovesbusiness.com/yen-weakens-on-boj-uncertainty-and-us-yield-strength/ Wed, 04 Dec 2024 12:18:54 +0000 https://londonlovesbusiness.com/?p=186104

The Japanese yen has softened after reaching recent highs, weighed down by uncertainty surrounding the Bank of Japan’s (BoJ) potential interest rate hike. While Governor Kazuo Ueda has hinted at…

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China’s positive data and geopolitical risks support oil prices https://londonlovesbusiness.com/chinas-positive-data-and-geopolitical-risks-support-oil-prices/ Mon, 02 Dec 2024 11:37:32 +0000 https://londonlovesbusiness.com/?p=185893

Oil prices saw an increase, supported by positive manufacturing data from China and escalating geopolitical tensions in the Middle East. China’s factory activity expanded at its fastest pace in five…

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Stronger yen driven by inflation data and BoJ rate hike expectations https://londonlovesbusiness.com/stronger-yen-driven-by-inflation-data-and-boj-rate-hike-expectations/ Fri, 29 Nov 2024 10:24:23 +0000 https://londonlovesbusiness.com/?p=185729

The Japanese yen strengthened to a six-week high against the dollar, marking its strongest weekly performance since late July. This notable appreciation is largely attributed to hotter-than-expected inflation data, which…

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Crude oil prices volatile and at risk https://londonlovesbusiness.com/crude-oil-prices-volatile-and-at-risk/ Mon, 25 Nov 2024 12:15:38 +0000 https://londonlovesbusiness.com/?p=185298

Crude oil futures eased on Monday after opening higher and following significant gains last week but remained near two-week highs. Geopolitical risks could continue to affect the market as traders…

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Crude oil futures remain at risk https://londonlovesbusiness.com/crude-oil-futures-remain-at-risk/ Tue, 19 Nov 2024 11:49:12 +0000 https://londonlovesbusiness.com/?p=184811

Crude oil futures returned to the downside after a rebound yesterday. The market could continue to see risks as traders reassessed recent supply disruptions and geopolitical risks. Production outages fueled…

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