Last week’s Nonfarm Payrolls print – and the subsequent market reaction – made me think about US equities and how their behaviour has changed over the years following the 2008 global financial crisis. Let’s first take a step back and remember how things used to work prior to 2008, regarding the relationship between economic data […]
Author Archive for: skonto
Stelios was fascinated by computers from a very young age and went on to study Computer Science at Imperial College. Following a 5-year IT consulting career (having worked for Accenture among others), he felt unfulfilled and wanted to make a change. He completed an MBA and during that time – via a summer internship – he was exposed to the world of trading. He instantly knew that this is what he wanted to do for the rest of his career. Stelios spent the next 10 busy years working for two major global banks in the City of London as an interest rates market-maker.
In 2012 Stelios decided to start a family with his wife and they both moved back home to Greece. For the past 4 years Stelios has been trading his family portfolio – mainly FX but also most other asset classes. His trading decisions are mostly driven by fundamentals and are very rarely short-term. He uses technicals for entry/exit points and is a loyal follower of basic technical analysis and Fibonacci.
Aside from trading and economics, Stelios spends most of his time with the 4 wonderful women in his life: his wife, his two baby daughters and his dog Milly. He is a devoted pool & snooker player and also loves to windsurf and play poker.
Entries by Stelios
With Italy frequently dominating the headlines in the recent weeks, it’s a good idea to take a macro look at the Eurozone: its origins, some aspects of its structure, and what dangers it might face in the near future.
2018 is nearly upon us and the past year was certainly full of interesting events. Potentially dangerous political events in the EU – such as the French & German elections and the Catalan independence referendum – were safely navigated.
The US Dollar has experienced a prolonged and material decline in 2017. The DXY index has dropped from 102.80 (2nd January) to 91.33 (8th September), which roughly represents an 11% loss.
The Bank of England’s Monetary Policy Committee met last week and there were some interesting developments. We will try to sieve through the plethora of information and pick what we think were the salient points.
Canada is an important G7 country with a quite particular economy. It’s a net exporter of energy and tends to be viewed by the market as an oil-dependent economy. As oil started to plunge in late 2014, the Canadian Dollar followed suit and weakened substantially – vs the USD it climbed from roughly parity to […]
The US Dollar has always been a very interesting and influential currency. After all, it’s the world’s reserve currency and the majority of all transactions on the planet are made using dollars. The dollar tends to run in long-term trends and the past 12-18 months of broadly sideways action suggest that it’s consolidating before the […]
Anyone who is trading crude oil or USD/CAD should be aware of the important correlation between them. We know that if oil price rises then the Canadian economy benefits as they own considerable oil reserves (third only to Venezuela and Saudi Arabia). Furthermore, let’s not forget that the USD will likely drop in value if oil prices rise, and […]