Nikolas Papas
Nikolas Papas
Nikolas Papas has been in the finance industry for over fifteen years in roles spanning across Europe and USA and has acquired in-depth knowledge and experience within many aspects of the financial markets. Nikolas has worked for some of Europe’s leading brokers, as an equity analyst, and a trader managing accounts for both private and corporate investors.

Dow Jones

Dow Jones Futures Rally Ahead of NFP Data

The Dow Jones futures trading higher for one more day breaking above the 200-day moving average as the optimism about a fast recovery in the economy continues to push risky assets and stocks around the globe higher.  European equities continue yesterday's rally after the ECB surprised markets adding 600 billion [...]

EURGBP Rally Stalled At 0.9000, What’s Next?

EURGBP retreat today after yesterday's sharp gains as markets surprised positively after a bigger than expected increase to the PEPP from the ECB. The ECB added an extra 600 billion to its Pandemic Emergency Purchase Program

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London FTSE

FTSE 100 Breaks Above the 10-Day SMA, Lloyds Shines

FTSE 100 resumes the upward trend after yesterday’s losses as investors sentiment boosted on hopes for a fast recovery of the economies around the globe. On the economic data, earlier today reported that the UK Halifax House Prices came in at -0.2%, beating the expectations of -0.7% in May. The [...]
gold price

Gold Price Jumps As Jobless Claims Disappoint

Gold price jumps after US initial jobless claims for the week of May 30 dropped to 1.877 million from 2.126 million but came above the consensus estimates of 1.833 million. The positive news is that the downward trend continues, but the figure is still very high as the economy is [...]