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.

FTSE 100 Chart

FTSE 100 in Cautious Trading After Strong UK Retail Data

FTSE 100 trades slightly lower as the indexdigest the strong rebound from yesterday’s trading session. FTSE 100 managed to rebound yesterday after tested the 100-day moving average. Earlier today we had positive news from the UK economy. The Retail Sales registered in at 0.9% topping the forecasts of 0.7% in [...]
GBPUSD

UK Retail Sales Beat Forecasts GBPUSD Pair Losses

GBPUSD jumped over 25 pips after the release of better retail sales from th UK. The United Kingdom Retail Sales came in at 0.9% beating forecasts of 0.7% in January. The yearly reading for the retail sales came in at 0.8% also topping the forecasts of 0.7%, the higher reading [...]
gold price

Gold Price Consolidates Close to Seven-Year Highs

The gold price holds close to seven-year highs while yesterday crossed the high from January after the U.S. killed a top Iranian general. Coronavirus outbreak is gold positive as the uncertainty and the negative economic impact shifts investors attention to safe-haven assets. Earlier today new measures from PBOC failed to [...]
nasdaq 100

Nasdaq 100 Hits Fresh All-Time Highs On China Stimulus

Nasdaq 100 has reached new all-time high taking out the high from last week. PBOC said that the coronavirus crisis impact on the economy expected to be limited to ease concerns over a global economic slowdown. The central bank of China also said that it would continue to use multiple [...]
DAX index

Risk Appetite Returns DAX Index Approach Record Highs

Dax index edge higher as coronavirus fears eases after recent data shows that the coronavirus is spreading at a slightly slower pace. Investors also bet that central banks would intervene injecting cash to markets to revive the struggling economy. IMF managing director Kristalina Georgieva, said earlier that expects the Chinese [...]
EURUSD

EURUSD Gets Another Hit From Construction Output

EURUSD after a short rebound above the 1.08 mark returned to three year lows after worse than expected construction output. The European Monetary Union Construction Output dipped -3.1% from previous 0.73% in December. Among the EU, the Member States, the largest decreases in production in construction were recorded in Germany [...]
gbpusd

FTSE 100 Rebounds on Better UK CPI Data

FTSE 100 recovers today most of yesterday’s losses amid slowing coronavirus spread and China stimulus hints, boosted investors sentiment. Better than expected CPI data also helps sentiment. The United Kingdom CPI Index came in at 1.8% better than the expectations of 1.6% in January printing a six-month high. The inflation [...]