Crispus Nyaga, Author at InvestingCube

Crispus Nyaga

Crispus Nyaga is a self-taught financial analyst and trader with more than seven years in the industry. He has worked for some of the biggest brokers in Europe and Australia as an analyst, coach, and course creator. He has a wealth of experience in equities, currencies, commodities, and global macroeconomic issues. He has also published for prominent financial publications like SeekingAlpha, Forbes, Investing.com, and Marketwatch. Crispus graduated with a Bachelor’s of Science in 2013, an MBA in 2017, and is currently working on an MSc in Financial Engineering from WorldQuant University. When he is not trading and writing, you can find him relaxing with his son.

GBPUSD: bulls take over as cable jumps above the triangle formation

Forex Apr 27, 2020, 07:45 BST by Crispus Nyaga

The GBPUSD pair rose by more than 50 basis points as investors reacted to the return of Boris Johnson. The prime minister returned to Downing Street yesterday, and is expected to lead the country during the pandemic. GBPUSD rises as Boris Johnson returns Boris Johnson was infected by coronavirus in [...]

Nikkei 225 crawls higher as BOJ ramps up its money printers

Indices Apr 27, 2020, 06:55 BST by Crispus Nyaga

The Nikkei 225 index rose by more than 2.6% as investors digested the latest action by the Bank of Japan. The market also reacted to the falling number of daily new coronavirus cases.

Dow Jones Index Creep Up As Technicals Warn Of Stinging Pain Ahead

Indices Apr 24, 2020, 15:16 BST by Crispus Nyaga

The Dow Jones index rose slightly as investors reacted to the newly passed $484 billion stimulus package. Investors also reacted to the rising oil prices and optimism that coronavirus cases will start falling.

EURGBP bounces around as weak data obliterate EU breakthrough

Forex Apr 24, 2020, 11:13 BST by Crispus Nyaga

The EURGBP pair rose slightly as investors reacted to the bruising economic data from Europe and the reconstruction deal by the EU. European leaders close to a deal A virtual meeting of EU leaders inched toward a large financing agreement according to reporting by Bloomberg. In the meeting, Angela Merkel [...]

Copper price aims at $2.4 as demand jitters converge with supply cuts

Commodities Apr 24, 2020, 10:18 BST by Crispus Nyaga

Copper price declined slightly as economic data from around the world pointed to a deeper recession than most analysts anticipated.

FTSE 100 drifts sideways as hopes of quick COVID-19 cure disappear

Indices Apr 24, 2020, 08:58 BST by Crispus Nyaga

The FTSE 100 index is down by more than 1% as investors’ hope on a coronavirus cure disappear. The market also reacted to weak March retail sales from the UK. FTSE 100 best and worst-performing stocks today Most stocks in the FTSE 100 declined today as investors reacted to the [...]

GBPZAR: pound to rand rate targets 25.78 as UK retail sales flop

Forex Apr 24, 2020, 08:06 BST by Crispus Nyaga

The pound to rand (GBPZAR) pair is inching nearer to its all-time high following the disappointing retail sales data from the UK and South African reopening.

Social distancing extension is the last thing crude oil price needs now

Commodities Apr 24, 2020, 06:47 BST by Crispus Nyaga

The crude oil price has been on a strong upward trend since Wednesday when Brent and WTI slid to all-time lows. The price has bounced back on hopes that companies will cut production. Tensions in the Middle East have also helped. Trump to extend social distancing Crude oil price depends [...]

Nikkei 225 slides as investors shrug off rumours of BOJ open-ended QE

Indices Apr 24, 2020, 05:52 BST by Crispus Nyaga

The Nikkei 225 index declined by more than 0.80% as investors reacted to news that remdesivir had failed in clinical trials. The drug, developed by Gilead Sciences was hailed last week for its ability to cure the coronavirus. Investors also reacted to news that Donald Trump was thinking of extending [...]

EURUSD firm as US jobless claims converge with weak EU PMIs

Forex Apr 23, 2020, 14:10 BST by Crispus Nyaga

The EURUSD pair remained under pressure as the market reacted to weak data from Europe and the United States. US jobless claims numbers rise The economic damage brought by the coronavirus pandemic continued to rise according to the Department of Labour. The data showed that more than 4.4 million Americans [...]

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