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.

Japan USDJPY

USDJPY Lower After A Historic Increase In Jobless Claims

USDJPY retreat today from monthly highs as the risk returns to markets amid an increase in coronavirus cases across the globe. Confirmed cases in the U.S. approaches 70,000 while the deaths have surpassed 1,000. A big hit came from the jobless claims. The Initial Jobless Claims came in at 3283K,...

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S&P 500

Premarket: S&P Futures Lower Ahead Of Initial Jobless Claims

S&P 500 futures trading lower ahead of the opening bell as investors await the first data, which will include the coronavirus impact on the economy. Jobless claims will be released at 12:30GMT and many analysts expect an increase over 30% from the previous data; the consensus is for 1.65 million [...]
Nifty 50 News

Nifty 50 Rebound After Relief Measures

Nifty 50 index ended higher for the second consecutive session after Finance Minister of India Nirmala Sitharaman announced relief measures to help India’s poor with the cash transfers, and food distribution. Meanwhile, the number of confirmed coronavirus cases climbed to 650, and the death toll rose to 13....

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GBPUSD

UK Retail Sales Weaker Than Expected, GBPUSD Unfazed

GBPUSD stabilize today after weaker retail sales but seems that the market has already discount much of the weaker economic data. UK Retail Sales came in at -0.3% below the expectations of 0.2% in February. The yearly reading for Retail Sales came in at 0% below the consensus of 0.8%....

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USDSEK

USDSEK Reverse Losses After Better U.S. Durable Goods Orders

USDSEK turns back to the unchanged level after a high volatile session as investors sentiment still much affected by the developments in the coronavirus outbreak and the monetary measures form Riksbank and Fed.  On Monday, Fed announced that would buy unlimited amounts of Treasurys and mortgage securities. The Fed will [...]
nasdaq 100

Nasdaq 100 Pair Losses As Dow Jones Add More Than 500 Points

Nasdaq 100 pair early losses while Dow Jones and S&P 500 managed to turn into positive territory after White House and Senate agreed on a massive relief package worth $2.0 trillion. The relief package will help people who lost their jobs because of the coronavirus, expand unemployment benefits by $250...

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USDTRY

USDTRY Turns Positive On Stronger US Durable Goods Orders

USDTRY reverse early losses after stronger than expected US Durable Goods Orders data for February. Durable Goods Orders increased by 1.2%, to $249.4 billion. The figure top the market consensus of 0.8% increase....

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USDCAD

Durable Goods Orders Beat Estimates, USDCAD At Daily Lows

USDCAD continues lower for the second day in a row despite the fact that the US Durable Goods Orders increased unexpectedly in February. Durable Goods Orders increased by 1.2%, or $2.9 billion, to $249.4 billion, in February. The figure beat the market expectations of 0.8% while January's figure revised up [...]