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. He enjoys both the fundamental and technical aspects of trading and focuses on stock markets and all FX majors. Currently, Nikolas provides analysis and comments on online financial publications. He studied and completed a degree in Economics (BSc), and Finance (MSc).

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Nikkei

Nikkei 225 Consolidates at Yearly Highs

Asian indices ended mixed today as investors closely follow the developments around the Brexit agreement. Confusing headlines over trade deal between China and the USA weigh on investors sentiment. The Hang Seng index finished 0.55% lower at 26,706, the Shanghai Composite ended 1.32% lower at 2,938, while the Singapore Straits [...]
AUDUSD

AUDUSD: Bulls Next Target 0.6857

AUDUSD trades 0.07% higher for the third consecutive trading session at 0.6829, as the pair made yesterday a convincing break above the descending trendline which started back in July 2019 and above the 50-day moving average. Investors cheered the Brexit agreement and phase one of the trade deal between US [...]
FOREX CALENDAR

Forex Focus on Brexit and Central Bankers

Brexit will be on the spotlight for one more day as we have a light European calendar which includes only Eurozone August current account balance at 8:00GMT. Oil traders will focus on Baker Hughes US Oil Rig Count due at 19:00GMT. On the other hand we have a busy central [...]
netflix investingcube

Netflix (NFLX) at Two-Month High on Solid 3Q Results

Shares of Netflix rallied early Thursday, adding over 5% to $300.53 following the 3Q earnings release yesterday after the closing bell. Netflix Inc. (NFLX) reported yesterday 3Q results that pleased investors. The results were solid on top-line while the bottom line was impressive. The company reported a profit of $665.2 [...]
oil prices

Crude Oil Price Pressures Persist on Weak Fundamentals

WTI Crude oil prices are trading 0.71% lower today at $52.98 per barrel, as oil prices search for equilibrium after the dismal macro data from the US that increased investors fears about global slowdown. IMF cut it’s global economic growth to 3% the lowest growth rate since the financial crisis [...]
GBPUSD

FTSE 100 Cautious Higher on Brexit Agreement

FTSE 100 trades 0.58% higher at 7,209.18 on rumours that Brexit deal have been reached. EU’s Juncker said that there is a Brexit deal and GBPUSD jumped to fresh five-month highs at 1.2988. Meanwhile, the Democratic Unionist Party (DUP) reiterated its position that it has reservations about the Brexit deal. [...]
EURGBP

EURGBP at Five-Month Lows on Brexit Deal Agreement

EURGBP trading 0.40% lower at 0.8591 making fresh five-month lows on rumours that Brexit deal have been reached. EU’s Juncker said that there is a Brexit deal and GBPUSD jumped to fresh month highs at 1.2988.  Meanwhile, DUP reiterated its position from earlier today that it has reservations about the [...]