Nikolas Papas, Author at The Industry Spread - Page 20 of 34
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).

Latest news by

EURUSD Stops at 1,14, BTC Continues Higher

June 25, 2019

Asian indices finished lower today as traders focus turn to G210 meeting in Osaka, Japan. The Nikkei225 finished 0.43 percent lower to 21,193 the Hang Seng benchmark in Hong Kong, finished 1.15 percent lower at 28,185. The Shanghai Composite finished 0.87 percent lower to 2,982, while in Singapore the FTSE Straits Times index finished 0.21 percent lower to 3,304. Australian equities finished lower today with the ASX200 down 7 points or 0.1 percent to 6,658.

Bitcoin Trades Higher making Fresh YTD High

June 24, 2019

Asian indices finished higher today as traders stop for breath after the recent rally. The Nikkei225 finished 0.13 percent higher to 21,285, the Hang Seng benchmark in Hong Kong finished 0.14 percent higher at 28,513. The Shanghai Composite finished 0.21 percent higher to 3,008, while in Singapore, the FTSE Straits Times index finished 0.38 percent lower to 3,309. Australian equities finished higher, and the ASX200 closed up 14 points or 0.2% to 6,665.

Gold Rallies, BTC Follow

June 21, 2019

Asian indices finished mixed today as traders stop for breath after the recent rally. The Nikkei225 finished 0.72 percent lower to 20,972 the Hang Seng benchmark in Hong Kong, finished 0.43 percent lower at 28,423. The Shanghai Composite finished 0.06 percent higher to 2,890, while in Singapore the FTSE Straits Times index finished 0.03 percent higher to 3,316.

USD Weakness Helps EUR, GBP and JPY

June 20, 2019

Asian indices finished higher today for second day in a row on dovish Central Banks across the globe. The Nikkei225 finished 0.60 percent higher to 21,462 the Hang Seng benchmark in Hong Kong, finished 0.98 percent higher at 28,476. The Shanghai Composite finished 2.26 percent higher to 2,983, while in Singapore the FTSE Straits Times index finished 0.77 percent higher to 3,313.

Equities Rally on Dovish Central Banks

June 19, 2019

Asian indices finished higher today on dovish Central Banks ahead of Wednesday’s FOMC policy meeting. The Nikkei225 finished 1.72 percent higher to 21,333 the Hang Seng benchmark in Hong Kong, finished 2.29 percent higher at 28,136. The Shanghai Composite finished 1.19 percent higher to 2,922, while in Singapore the FTSE Straits Times index finished 1.47 percent higher to 3,286. Australian equities finished to fresh 11.5 year highs on Wednesday, with the ASX200 closed at 6648 after a gain of 1.2% or 78 points.

Markets Calm ahead of FED Policy Meeting

June 18, 2019

Asian indices finished higher today except for Nikkei ahead of Wednesday’s FOMC policy meeting and as trade worries resurface. The Nikkei225 finished 0.72 percent lower to 20,972, the Hang Seng benchmark in Hong Kong finished 1.20 percent higher at 27,555. The Shanghai Composite finished 0.09 percent higher to 2,890, while in Singapore, the FTSE Straits Times index finished 0.96 percent higher to 3,237. Australian equities added to early gains thanks to further signs of RBA rate cuts with the ASX 200 index lifting by 0.6 per cent or 39.1pts to 6570.

Markets in Quiet Mood, Bitcoin is the talk of the Day and FOMC’s Policy Meeting

June 17, 2019

The Nikkei225 finished 0.03 percent higher to 21,124 the Hang Seng benchmark in Hong Kong, finished 0.41 percent higher at 27,233. The Shanghai Composite finished 0.20 percent higher to 2,887, while in Singapore the FTSE Straits Times index finished 0.38 percent lower to 3,210. Australian equities finished a lackluster session weaker, held back by a heavy 2.3% loss in the Telco sector. The ASX200 finished the session down 23 points or 0.4% to 6,530.

Gold Shines, Breaks above 1,354

June 14, 2019

 Asian indices finished mostly lower as trade worries resurface and the attack in two oil tankers in Gulf of Oman weighing on traders sentiment. The Nikkei225 finished 0.40 percent higher to 21,116 and the Hang Seng benchmark in Hong Kong finished 0.83 percent lower at 27,065. The Shanghai Composite finished 0.99 percent lower to 2,881, while in Singapore, the FTSE Straits Times index finished 0.32 percent lower to 3,210. Australian equities finished up 11 points or 0.2% to 6,554. Over the week, the index jumped 1.7%.

EURUSD breaks below 1.13, Bitcoin holds the 8,000 mark

June 13, 2019

Asian indices finished lower for the second day in a row as trade worries resurface and Hong Kong protests regarding the China extradition bill weighs on traders sentiment. The Nikkei225 finished 0.46 percent lower to 21,032; the Hang Seng benchmark in Hong Kong, finished 0.05 percent lower at 27,294. The Shanghai Composite finished 0.04 percent higher to 2,910, while in Singapore, the FTSE Straits Times index finished 0.05 percent lower to 3,207.

Asian Equities Turn Red, Euro Picture Improves

June 12, 2019

Asian indices finished lower today as trade worries resurface and Hong Kong protests regarding the China extradition bill, weighing on traders sentiment.  The Nikkei225 finished 0.35 percent lower to 21,129 the Hang Seng benchmark in Hong Kong, finished 2.00 percent lower at 27,237. The Shanghai Composite finished 0.54 percent lower to 2,910, while in Singapore the FTSE Straits Times index finished 0.36 percent lower to 3,198.