Nikolas Papas, Author at The Industry Spread - Page 10 of 25
Nikolas Papas
Nikolas has been involved in the finance industry for over fifteen years spanning across Europe and USA with a depth of knowledge and experience within many aspects of the financial markets. Nikolas gained several years experience with some of the Europe’s leading Brokers, as equity analyst, and trader managing accounts for both Private and Corporate Investors. He enjoys both the fundamental and technical aspects of trading focusing on stock markets and all FX majors. Currently Nikolas provides analysis and comments to online financial publications. Educational background in Economics (BSc), and Finance (MSc).

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USDNZD Consolidates at 3-Month High, Equities Looking for Direction

July 22, 2019

Asian stocks finished lower today as investors cut their expectations of an aggressive US FED rate cut by the end of the month. The Nikkei225 ended 0.24 percent lower at 21,414, the Hang Seng finished 0.68 percent lower at 28,560. The Shanghai Composite ended 0.69 percent lower to 2,904, while in Singapore the FTSE Straits Times index finished 0.59 percent higher to 3,358. Australian equities as of writing are trading 0.11 percent higher to 6707.

Asian Indices Down, NZDUSD at Three Month Top

July 18, 2019

Asian stocks finished lower today as comments yesterday from Chinese Foreign Minister Geng Shuang stated that US President Donald Trump is misleading people when it comes to trade deals, dampening the mood. The Nikkei225 ended 1.97 percent lower at 21,046; the Hang Seng finished 0.62 percent lower at 28,414. The Shanghai Composite ended 1.04 percent lower to 2,901, while in Singapore, the FTSE Straits Times index finished 0.39 percent lower to 3,351.

BTC Looks at 9,000, Gold Stops at 1,400

July 17, 2019

Asian stocks finished lower today as comments from Chinese Foreign Minister Geng Shuang stating that US President Donald Trump is misleading people when it comes to trade deal dampened the mood. The Nikkei225 ended 0.31 percent lower at 21,469, the Hang Seng finished 0.28 percent lower at 28,539. The Shanghai Composite ended 0.12 percent lower to 2,934, while in Singapore the FTSE Straits Times index finished 0.07 percent lower to 3,358.

GBPUSD at 26 Months Low

July 16, 2019

The NIKKEI225 ended 0.69 percent lower at 21,535; the Hang Seng finished 0.23 percent higher at 28,619. The Shanghai Composite finished 0.16 percent lower to 2,937, while in Singapore the FTSE Straits Times index finished 0.21 percent higher to 3,354. Australian equities ended near intraday lows all while extending the market’s losing streak to three days.

Asian Equities Higher, As U.S. Earnings Season Kicks Off

July 16, 2019

Asian indices finished higher today as US stocks hit record highs last Friday. The Hang Seng finished 0.29 percent higher at 28,554. The Shanghai Composite finished 0.40 percent higher to 2,942, while in Singapore the FTSE Straits Times index finished 0.18 percent lower to 3,347. The Nikkei225 was closed. Australian equities ended 0.65 percent lower at 6,653.

Asian Equities Higher, Gold Retreats 

July 12, 2019

Asian indices finished higher today as US stocks hit record highs overnight. The Nikkei225 finished 0.20 percent higher at 21,685 the Hang Seng finished 0.25 percent higher at 28,504. The Shanghai Composite finished 0.51 percent higher to 2,937, while in Singapore the FTSE Straits Times index finished 0.15 percent higher to 3,355. Australian equities ended 0.3 percent lower at 6,695 as tourist arrivals rose by 6.3% in May, the biggest monthly lift in international visitors since April 2017.

USDCAD Approaches Yearly Low

July 11, 2019

Asian indices finished higher today as Fed’s Jerome Powell testimony opens the way for an interest rate cut in the next policy meeting. The Nikkei225 finished 0.51 percent higher at 21,643 the Hang Seng finished 0.81 percent higher at 28,431. The Shanghai Composite finished 0.08 percent higher to 2,917, while in Singapore, the FTSE Straits Times index finished 0.3 percent higher to 3,350.

GBPUSD Rebounds from Recent Lows, BTC Breaks Above 13,000 

July 10, 2019

Asian indices finished mixed today as investors turn cautious ahead of Fed’s Jerome Powell testimony. The Nikkei225 finished 0.15 percent lower at 21,533 the Hang Seng finished 0.31 percent higher at 28,204. The Shanghai Composite finished 0.44 percent lower to 2,915, while in Singapore the FTSE Straits Times index finished 0.37 percent higher to 3,3415. Australian equities ended 0.4 percent higher at 6,689.

Yen at 2 Week Highs, Pound Breaks Below 1.25

July 9, 2019

Asian indices finished mixed today as investors turn cautious after better NFP data from the USA last Friday and increased trade tensions around the globe. The Nikkei225 finished 0.14 percent higher at 21,565 the Hang Seng slipped 0.62 percent at 28,156. The Shanghai Composite finished 0.32 percent lower to 2,924, while in Singapore the FTSE Straits Times index finished 0.04 percent higher to 3,335. Australian equities and ASX200 ended down 0.25 percent to 6,655.

USDCAD Approaches YTD Low, Asian Equities Lower 

July 8, 2019

Asian indices finished lower today as investors turn cautious after better NFP data from the USA last Friday. The Nikkei225 finished 0.98 percent higher at 21,534 the Hang Seng slipped 1.54 percent at 28,331. The Shanghai Composite finished 2.58 percent lower to 2,933, while in Singapore, the FTSE Straits Times index finished 0.92 percent lower to 3,334. Australian equities finished 1.2 percent lower at 6,672.