Investment News | Investing & Opportunities | LondonLovesBusiness https://londonlovesbusiness.com/business-news/finance/investment/ Business News Fri, 13 Sep 2024 07:55:34 +0000 en-GB hourly 1 https://londonlovesbusiness.com/wp-content/uploads/2020/07/LLB-favicon.jpg Investment News | Investing & Opportunities | LondonLovesBusiness https://londonlovesbusiness.com/business-news/finance/investment/ 32 32 USD/JPY approaches annual lows amid a weak dollar https://londonlovesbusiness.com/usd-jpy-approaches-annual-lows-amid-a-weak-dollar/ Fri, 13 Sep 2024 07:55:34 +0000 https://londonlovesbusiness.com/?p=180328

The USD/JPY pair saw a significant decline below the 141.00 level early Friday, nearing its lowest point since the beginning of the year. This decline follows a two-month downward trend,…

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The impact of economic decisions on the cryptocurreny market https://londonlovesbusiness.com/the-impact-of-economic-decisions-on-the-cryptocurreny-market/ Fri, 13 Sep 2024 07:42:17 +0000 https://londonlovesbusiness.com/?p=180326

The European Central Bank (ECB) has once again taken center stage in financial markets with a new cut in its benchmark interest rates, lowering them to 3.5%. This decision comes…

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Gold glimmers as sentiment stays solid https://londonlovesbusiness.com/gold-glimmers-as-sentiment-stays-solid/ Fri, 13 Sep 2024 07:38:33 +0000 https://londonlovesbusiness.com/?p=180324

Digest – Thursday saw the ECB cut 25bp as expected, while stocks rallied, and gold surged to a fresh ATH, as a quiet calendar awaits today to wrap up the…

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The future of crude oil prices https://londonlovesbusiness.com/the-future-of-crude-oil-prices/ Fri, 13 Sep 2024 06:54:39 +0000 https://londonlovesbusiness.com/?p=180313

Crude oil prices have experienced notable fluctuations in the past week, rising by approximately 1.00% in recent hours to reach $67.40 per barrel on Thursday. This increase follows gains exceeding…

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The ECB delivered their second rate cut as expected https://londonlovesbusiness.com/the-ecb-delivered-their-second-rate-cut-as-expected/ Thu, 12 Sep 2024 12:32:13 +0000 https://londonlovesbusiness.com/?p=180287

The ECB delivered their second rate cut of the cycle today, as had been fully expected and already discounted by financial markets, having been well-telegraphed in advance by Governing Council…

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Euro on hold ahead of ECB rate decision and US PPI https://londonlovesbusiness.com/euro-on-hold-ahead-of-ecb-rate-decision-and-us-ppi/ Thu, 12 Sep 2024 11:57:56 +0000 https://londonlovesbusiness.com/?p=180277

The euro was relatively steady today ahead of today’s ECB rate decision. Markets are pricing a 25 basis point cut as the eurozone growth has weakened and inflation shows signs…

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Crude oil prices react to Hurricane Francine https://londonlovesbusiness.com/crude-oil-prices-react-to-hurricane-francine/ Thu, 12 Sep 2024 11:52:45 +0000 https://londonlovesbusiness.com/?p=180275

Oil prices have paused their decline due to concerns over Hurricane Francine, which has disrupted U.S. offshore oil production in the Gulf of Mexico. The storm has led to shutdowns…

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Bitcoin resumes recovery after stock market overcomes negative inflation figures https://londonlovesbusiness.com/bitcoin-resumes-recovery-after-stock-market-overcomes-negative-inflation-figures/ Thu, 12 Sep 2024 11:49:37 +0000 https://londonlovesbusiness.com/?p=180273

Bitcoin continues its gains today, rising more than 1% and reclaiming the $58,000 level after falling below $56,000 yesterday in early US trading. Today’s gains come after the US stock…

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Volatility in financial markets is expected in the coming weeks https://londonlovesbusiness.com/volatility-in-financial-markets-is-expected-in-the-coming-weeks/ Thu, 12 Sep 2024 11:45:36 +0000 https://londonlovesbusiness.com/?p=180269

The U.S. dollar has recently shown signs of weakness after a period of appreciation in mid-year, where it gained more than 4% against other currencies. However, this strength almost completely…

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USD/JPY under pressure https://londonlovesbusiness.com/usd-jpy-under-pressure/ Thu, 12 Sep 2024 11:41:55 +0000 https://londonlovesbusiness.com/?p=180266

The USD/JPY pair experienced a sharp decline yesterday, starting today, Thursday, at 143.87, after falling below 144.00 for the first time since last week, reaching 143.77 with a loss exceeding…

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