Nikolas Papas, Author at InvestingCube

FTSE 100 Slides After UK Employment Data Point to Severe Economic Downturn

·Jul 16, 2020, 09:31 BST

FTSE 100 slide in early trading after UK payroll employees fell by 650k in June, a 2.2% drop but the rate of decline in employment had slowed in June compared with May. From March till May, the total weekly hours worked decreased by 16.7% to 877.1m hours

Market Brief: Asian Shares and Nikkei 225 After Weaker Retail Sales in China

Indices Market Brief

·Jul 16, 2020, 08:23 BST

Asian shares slide on Thursday amid an increase of new infections and rising tensions between China and the USA. The retail sales from China disappointed investors.

Ripple Price Bears Push Towards The 100-Day Moving Average

Cryptocurrencies

·Jul 15, 2020, 17:12 BST

Ripple price continues lower for the third consecutive trading session after the rejection at the 200-day moving average on July 9th. XRPUSD yesterday breached shortly below the 100-day moving average

EURUSD Hits Four-Month Highs As U.S. Economic Data Point To Fast Recovery

Forex

·Jul 15, 2020, 15:31 BST

EURUSD hits four-month highs as the risk-on sentiment pressures USD. Hopes for a coronavirus vaccine after Moderna announced positive results of the initial stage trials and better than expected economic data from the USA

GBPUSD Jumps On Higher UK Inflation Data

Forex

·Jul 15, 2020, 13:18 BST

GBPUSD jumps higher by midday as the risk-on sentiment prevails after Moderna announced that its COVID-19 vaccine delivered immune responses and no safety issues in the 45 participants in early-stage trials.

Apple Would Challenge The Record Highs Today After Positive EU Court Ruling

·Jul 15, 2020, 12:22 BST

Apple stock point to higher opening after the company won the court fight against 15 billion EU tax order. In 2016 the European Commission (EC) said Apple (AAPL) had benefited from illegal state aid

DAX Index At Monthly Highs On Coronavirus Vaccine Hopes

Indices

·Jul 15, 2020, 09:43 BST

Dax index jumped higher on Wednesday mirroring Wall Street amid positive sentiment after promising results from Moderna’s coronavirus vaccine.

Market Brief: Asian Shares Mixed, AUDUSD At Monthly Highs

Forex

·Jul 15, 2020, 08:28 BST

Asian markets trading mixed on Wednesday as President Donald Trump signed a bill that would penalize banks doing business with Chinese officials who implement the new security law.

USDMXN Retreat As Bears Rule Below the 100-Day SMA

Forex

·Jul 14, 2020, 15:52 BST

USDMXN turns lower today after yesterday’s sharp gains as the dollar is under selling pressure across the board. Risk-off sentiment yesterday shifted investors attention to USD and safe-haven assets

Dow Jones Lower Despite Better Than Expected Bank Earnings

Indices

·Jul 14, 2020, 14:28 BST

The Dow Jones futures rebound today as U.S. consumer prices rebound in June. The U.S. consumer price index (CPI) rose 0.6% above the expectations of a 0.5% increase.

Bitcoin Price Retreat As Bulls Run Out Of Steam At The 50-Day SMA

Cryptocurrencies

·Jul 14, 2020, 13:07 BST

Bitcoin price retreat for the second consecutive trading session but managed to rebound from daily lows amid an improvement in equities markets.

Brent Crude Oil Price Stabilize Around $42

Commodities

·Jul 14, 2020, 12:23 BST

Brent crude oil price hovers around the $42 mark as the rising number of new infections in California, Texas and other states threaten the reopening process, that would also cancel the increasing demand for oil.

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FTSE 100 Slides After UK Employment Data Point to Severe Economic Downturn

Market Brief: Asian Shares and Nikkei 225 After Weaker Retail Sales in China

Ripple Price Bears Push Towards The 100-Day Moving Average

EURUSD Hits Four-Month Highs As U.S. Economic Data Point To Fast Recovery

GBPUSD Jumps On Higher UK Inflation Data

Apple Would Challenge The Record Highs Today After Positive EU Court Ruling

DAX Index At Monthly Highs On Coronavirus Vaccine Hopes

Market Brief: Asian Shares Mixed, AUDUSD At Monthly Highs

USDMXN Retreat As Bears Rule Below the 100-Day SMA

Dow Jones Lower Despite Better Than Expected Bank Earnings

Bitcoin Price Retreat As Bulls Run Out Of Steam At The 50-Day SMA

Brent Crude Oil Price Stabilize Around $42

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Home Location:

Education:

Expertise:

Knows About:

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