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.

nasdaq 100

Nasdaq 100 is Over 3% Lower on Coronavirus Fears

Nasdaq 100 opened with a 200 points gap down as markets rattled by coronavirus worries after a rise in confirmed coronavirus cases in Italy and South Korea. The main Italian benchmark FTSE Mib is down 5.75% at 23338. WHO Director Dr. Tedros said the coronavirus has pandemic potential, but the [...]

EURGBP Higher on Better Germany Ifo Survey Data

The EUR to GBP trades higher today getting a boost from better IFO business survey from Germany. The Germany IFO Business Climate came in at 96.1 beating the forecasts of 95.3 in February. The IFO Business Climate in Germany came in at 96.1 above the expectations. The IFO Current Assessment [...]
DAX 30 index

DAX Index Slumps Amid Rising Coronavirus Cases in Europe

Dax index started the session with a huge gap down as more coronavirus cases announced in Italy with the number of the confirmed cases now at 195 while there are also four deaths. Officials in Italy have locked down manu towns in North Italy with a population of about 50,000. [...]

GBPUSD Breaks Below 1.29 USD Safe Haven Status On The Bid

GBPUSD trades close to daily lows amid USD strength across the board. Coronavirus concerns shift investors attention to the safe-haven US Dollar. Investors ignore the recent strong economic data from the UK economy as the coronavirus uncertainty threats global economy. On Friday, the UK Manufacturing production rose in February at [...]

FTSE 100 Slumps Amid Coronavirus Spread in Europe

FTSE 100 started the week sharply lower following heavy losses in Asian stocks trades amid increasing coronavirus cases across the globe.  More cases confirmed in South Korea and Japan during the weekend while the spread of the virus in France  and Italy weighs on sentiment. Now investors will face an [...]

EURGBP Pair Losses Keeps The Rebound Alive

EURGBP pair early losses and return close to the unchanged level, as the common currency today attracting some bids helped by better manufacturing data from Germany. It looks like the day will end with an indecisive close, neither sellers nor buyers were able to gain control during the session. The [...]

GBPUSD At Daily Highs After Upbeat Manufacturing PMI

GBPUSD trades close to daily highs supported by stronger UK PMI  data. Manufacturing production rose in February at 51.9 beating the expectations of 49.7.  The manufacturing PMI is now the highest it has been in almost a year. But firms are reporting that stocks of inputs are taking longer to [...]