Nikolas Papas, Author at The Industry Spread - Page 10 of 27
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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Global Equities Higher Ahead of Jackson Hole meeting

August 23, 2019

Asian indices finished higher today as investors turn cautious ahead of the Jackson Hole meeting later this week. The Hang Seng trading 0.54 percent higher at 26,190, Nikkei225 in Japan is 0.34% higher at 20,697. The Shanghai Composite trading 0.55 percent higher to 2,899, while in Singapore, the FTSE Straits Times index finished 0,53 percent lower to 3,111. Australian equities trading higher, the ASX 200 is 0.34% higher to 6,523.

NZDUSD Continues South, EURUSD Consolidates around 1.11

August 22, 2019

Asian indices finished mixed today as investors turn cautious ahead of the Jackson Hall meeting later this week. The Hang Seng trading 0.84 percent lower at 26,048, Nikkei225 in Japan is 0.05% higher at 20,628. The Shanghai Composite trading 0.11 percent higher to 2,883, while in Singapore the FTSE Straits Times index finished 0,22 percent higher to 3,129. Australian equities trading higher, the ASX 200 is 0.29% higher to 6,501.

EURUSD at Weekly Lows, Gold below 1,500

August 20, 2019

Asian indices continue higher for second day mirroring the Wall Street as traders looking for stimulus in major economies that can boost hectic growth. Germany is prepared to increase fiscal spending as its economy heading to recession, while the central bank of China lowered corporate borrowing costs. The Hang Seng trading 0.05 percent higher at 26,306, Nikkei225 in Japan is 0.46% higher at 20,656.

Nikkei Rebounds, Bitcoin Trades Above 10,000

August 19, 2019

Asian stocks are trading higher today mirroring the Wall Street rebound on Friday. The Hang Seng is trading 1.93 percent higher at 26,236, Nikkei225 in Japan is 0.64% higher at 20,547. The Shanghai Composite is trading 1.47 percent higher to 2,865, while in Singapore, the FTSE Straits Times index finished 0.52 percent lower to 3,132. Australian equities are trading higher; the ASX 200 is 0.83% lower to 6,458.

Asian Indices Mixed on US-China Trade Tensions, EURUSD Breaks Below 1.11 

August 16, 2019

Asian stocks finished mixed today as US-China trade tensions show no sign of relief. The Hang Seng ended 0.73 percent higher at 25,681, Nikkei225 in Japan finished 0.07% lower at 20,389. The Shanghai Composite ended 0.67 percent higher to 2,834, while in Singapore the FTSE Straits Times index finished 0.70 percent lower to 3,105. Australian equities finished lower, the ASX 200 ended 0.14% lower to 6,399.

Hang Seng Lower, Gold at Fresh 6 Year Highs 

August 13, 2019

Asian stocks finished lower today as protests in Hong Kong shut down the airport, and the recent escalation in US-China trade tensions shows no sign of relief. The Hang Seng trading 1.69 percent lower at 25,381, Nikkei225 in Japan is 1.22% lower at 20,436. The Shanghai Composite ended 0.79 percent lower to 2,792, while in Singapore, the FTSE Straits Times index finished 0,72 percent lower to 3,146. Australian equities trading lower, the ASX 200 is 0.20% lower to 6,577.

Asian Stocks Mostly Higher, Gold Retreats from Recent Highs

August 12, 2019

Asian stocks finished mostly higher today amid the recent escalation in US-China trade tensions, while USDCNH fixing rate was at 7.0211. The Hang Seng trading finished 0.09 percent higher at 25,959. The Shanghai Composite ended 1.22 percent higher to 2,808, while in Singapore the FTSE Straits Times index finished 0,49 percent lower to 3,168. Australian equities trading flat, the ASX 200 is 0.01% lower to 6,584.

Nikkei ends Higher, GBP Under Pressure after Weak GDP Data

August 9, 2019

Asian stocks finished mixed today after the recent escalation in US-China trade tensions, while USDCNH finished above the 7 level. The Nikkei225 finished 0.40 percent higher at 20,684, the Hang Seng trading finished 0.47 percent lower at 25,996. The Shanghai Composite ended 0.72 percent lower to 2,774, while in Singapore the FTSE Straits Times index finished 0,49 percent lower to 3,186. Australian equities finished higher, the ASX 200 ended 0.25% higher to 6,584.

Asian Equities Rebound, Gold Breaks Above 1,500

August 8, 2019

Asian stocks rebound today after better trade numbers from China for the month of July and despite the recent escalation in US-China trade tensions, while USDCNH breaks above the 7 level. The Nikkei225 finished 0.50 percent higher at 20,618, the Hang Seng trading 0.59 percent higher at 26,151. The Shanghai Composite ended 1.02 percent higher to 2,797, while in Singapore the FTSE Straits Times index finished 0,44 percent lower to 3,171.

NZDUSD Slumps after RBNZ cut Interest Rates

August 7, 2019

Asian stocks continue lower today as trade war tensions escalate after People’s Bank of China took steps to steady the yuan, Wednesday’s yuan fixing was weaker, and just shy from the key 7 per USD level, keeping markets nervous about China’s next move. China let USDCNH break through the 7 levels on Monday for the first time in 11 years.