Samer Hasn market analyst and part of the research team at XS.com, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/samerhasn/ Business News Thu, 23 Jan 2025 12:44:23 +0000 en-GB hourly 1 https://londonlovesbusiness.com/wp-content/uploads/2020/07/LLB-favicon.jpg Samer Hasn market analyst and part of the research team at XS.com, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/samerhasn/ 32 32 Bitcoin declines for second day awaiting new regulatory reality for crypto in the US https://londonlovesbusiness.com/bitcoin-declines-for-second-day-awaiting-new-regulatory-reality-for-crypto-in-the-us/ Thu, 23 Jan 2025 12:44:23 +0000 https://londonlovesbusiness.com/?p=189263

Bitcoin continues to decline for the second day in a row by more than 1% and is heading below $103,000. This decline keeps the crypto market under pressure as both…

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Oil prices continue to fall for the fourth day amid opposing factors affecting the market https://londonlovesbusiness.com/oil-prices-continue-to-fall-for-the-fourth-day-amid-opposing-factors-affecting-the-market/ Tue, 21 Jan 2025 14:25:36 +0000 https://londonlovesbusiness.com/?p=189057

Oil prices continue to bleed for the fourth day after reaching their highest levels in five months last week, with West Texas Intermediate, Intermediate and Brent crude falling by about…

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Gold continues to rise despite higher yields amid trump inaugurations https://londonlovesbusiness.com/gold-continues-to-rise-despite-higher-yields-amid-trump-inaugurations/ Mon, 20 Jan 2025 14:50:55 +0000 https://londonlovesbusiness.com/?p=188961

Gold is up 0.25% in spot trading as it continues to hold above $2,700 per ounce. Gold’s gains come amid anticipation of Donald Trump’s inauguration as US president later today…

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Oil prices resume gains on better-than-expected data from China https://londonlovesbusiness.com/oil-prices-resume-gains-on-better-than-expected-data-from-china/ Fri, 17 Jan 2025 13:55:37 +0000 https://londonlovesbusiness.com/?p=188896

Oil prices resume gains after two days of violent volatility, with Brent and WTI crude rising 0.65% and 0.18%, respectively, today. Better-than-expected data from the Chinese economy helped drive early…

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Bitcoin continues significant decline as week begins with low-risk appetite https://londonlovesbusiness.com/bitcoin-continues-significant-decline-as-week-begins-with-low-risk-appetite/ Mon, 13 Jan 2025 12:54:31 +0000 https://londonlovesbusiness.com/?p=188570

Bitcoin is down more than 1% today, failing to hold the $94,000. This decline is leading to a wave of declines in the altcoin market, such as Ethereum and XRP, which…

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Euro under pressure again as worse-than-expected data from Germany continues https://londonlovesbusiness.com/euro-under-pressure-again-as-worse-than-expected-data-from-germany-continues/ Wed, 08 Jan 2025 14:39:47 +0000 https://londonlovesbusiness.com/?p=188342

The euro is under pressure against the US dollar to give up early morning gains following yesterday’s losses. The euro’s consecutive losses are driven by contrasting economic signals from the…

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Gold could come under further pressure as Trump’s more aggressive trade policies revealed https://londonlovesbusiness.com/gold-could-come-under-further-pressure-as-trumps-more-aggressive-trade-policies-revealed/ Tue, 07 Jan 2025 10:07:03 +0000 https://londonlovesbusiness.com/?p=188208

Gold is up slightly today by 0.2%, reclaiming the $2,640 per ounce level after two consecutive days of declines. Gold has been under severe downward pressure since Donald Trump won…

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Natural gas under long-term pressure as competition potentially increases in European market https://londonlovesbusiness.com/natural-gas-under-long-term-pressure-as-competition-potentially-increases-in-european-market/ Fri, 03 Jan 2025 10:18:49 +0000 https://londonlovesbusiness.com/?p=187966

Natural gas prices continue to correct from recent highs. US Henry Hub futures have fallen to $3.558 per million British thermal units (mmBtu), down more than 15% from their highest…

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Bitcoin continues gains as futures activity accelerates at start of year https://londonlovesbusiness.com/bitcoin-continues-gains-as-futures-activity-accelerates-at-start-of-year/ Fri, 03 Jan 2025 07:34:32 +0000 https://londonlovesbusiness.com/?p=187948

Bitcoin continues its advance for the third consecutive session, advancing more than 1.5%. Meanwhile, altcoins continued their notable gains, benefiting from Bitcoin’s rally. Ethereum is up more than 2%, Solana…

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Oil prices reverse upward trajectory https://londonlovesbusiness.com/oil-prices-reverse-upward-trajectory/ Fri, 27 Dec 2024 11:42:29 +0000 https://londonlovesbusiness.com/?p=187717

Oil prices retreat slightly after yesterday’s declines that followed three sessions of gains, with both WTI and Brent crude falling 0.74% and 0.49%, respectively. The renewed losses for crude come…

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