Nikolas Papas, Author at The Industry Spread - Page 2 of 24
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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Gold Higher on Renewed Trade Worries, AUDUSD at Three Month Highs

November 1, 2019

Asian equity indices ended mixed today as investors digest the 25 basis point to 1.50%-1.75% from Fed as widely expected by the markets, and signalled that will not proceed with further cuts to see whether these easing steps are enough to sustain the economic growth. U.S. GDP for Q3 expanded at a 1.9%, slowing from 2% in the Q2 but came in above market forecasts for growth of 1.6%.

European Equities Start Lower after the Fed cut Interest Rates by 0.25%

October 31, 2019

Asian equity indices ended mostly higher today after Fed delivered the 25 basis point to 1.50%-1.75% as widely expected by the markets, and signalled that it will not proceed with further cuts to see whether these easing steps are enough to sustain the economic growth. U.S. GDP for Q3 expanded at a 1.9%, slowing from 2% in the Q2 but came in above market forecasts for growth of 1.6%. Jerome Powell pointed out several reasons why he feels the US economy is doing well, such as robust consumer spending, strengthening home sales, and healthy asset prices.

Asian Stocks Retreat Ahead of Fed Decision

October 30, 2019

Asian equity indices ended lower today as traders expect a 25 bps cut from Fed to protect the economy from slowing growth and the effects of the trade tensions, Markets now put only about a 30% chance of another rate cut in December, compared with about 70% earlier this month. Rumours that a “phase one” deal might not be ready to be signed at the Asia-Pacific Economic Cooperation summit in Chile in November weigh on stocks.

Gold Under Pressure, Bitcoin Consolidates Around $9,400

October 29, 2019

Asian equity indices ended mixed today as traders increased their bets the Fed will cut interest rates by 25 bps at its meeting tomorrow to protect the economy from slowing growth and the effects of the trade tensions. The market is pricing a 94.5% chance of a 25 bps interest rate cut to a 1.50%-1.75% range from the current 1.75%-2%.

Asian Equities Higher, Bitcoin Higher at 9,400

October 28, 2019

Asian equity indices ended higher during the first trading session of the day as traders increased their bets that the Fed will cut interest rates by 25 bp at its next meeting later this week to protect the economy from slowing growth and the effects of the trade tensions. Markets are pricing a 93.5% chance of a 25 bps interest rate cut to a 1.50%-1.75% range from the current 1.75%-2%.

Gold Breaks Above 1,500, GPUSD Under Pressure

October 25, 2019

Asian equity indices ended mixed today after the ECB left interest rates unchanged as expected and while investors await that the Fed will cut interest rates by 25 bps next week.

Investors increased their bets the Fed will cut interest rates by 25 bp at its next meeting on October to protect the economy from slowing growth and the effects of the trade tensions.

Asian Equities Higher Ahead of ECB Decision

October 24, 2019

Asian equity indices ended mostly higher today ahead of the ECB meeting later today and while investors await that the Fed will cut interest rates by 25 bps next week. Investors increased their bets the Fed will cut interest rates by 25 bp at its next meeting on October to protect the economy from slowing growth and the effects of the trade tensions.

Gold Gains, Equities Retreat and Bitcoin Back Below 8,000 

October 23, 2019

Investors turn cautious in equities after a revenue warning from Texas instruments. Fed Chair Jerome Powell signalled further interest rate cuts and the resumption of bond purchases. Investors increased their bets that the Fed will cut interest rates BY 25 bp at its next meeting in October to protect the economy from slowing growth and the effects of the trade tensions.

Asian Indices Higher, GBPUSD Retreats Ahead of Brexit Vote

October 22, 2019

Asian Indices ended higher today as investors turn cautious ahead of UK Parliaments vote on Brexit deal. Meanwhile, the US and China’s partial trade deal spill optimism in equities markets. Chinese Government wants to proceed with further discussions before signing the phase one trade deal.

GBPUSD Higher on Positive Brexit Developments and Bitcoin Above 8,000 

October 22, 2019

Last week, Fed Chair Jerome Powell signalled further interest rate cuts and the resumption of bond purchases. Investors increased their bets that the FOMC will cut interest rates at its next meeting on October to protect the economy from slowing growth and the effects of the trade tensions.