Author
Saqib Iqbal
Bio

Saqib Iqbal is a financial market analyst, serving the industry since 2011. The author is a mentor, providing training to individuals and organizations. Moreover, Saqib is a successful proprietary funds trader, managing a six-figure sum with an average annual ROI of 45%.


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Fundamental Analysis

Equities Soar to Record Levels on Extended Trump Rally

Equities closed at record highs on Monday as optimism over Trump’s presidential win extended into the fourth day. Investors are buying more stock in companies like Tesla, which will likely benefit from Trump’s reelection. At the same time, his proposal to cut taxes will benefit smaller companies. S&P 500 index (Source: Bloomberg) Since Trump won Read More…

Fundamental Analysis

Dollar Ends Week Strong After Trump Win, Pressuring Currency Futures

Most currency futures fell on Friday, apart from the yen, as the dollar ended strong after Trump’s presidential win. The outlook for Fed rate cuts shifted slightly as analysts predicted higher inflation under Trump’s administration. Dollar (Source: Bloomberg) US political uncertainty ended on Wednesday last week as Trump claimed victory in the presidential race. The Read More…

Interest Futures
Fundamental Analysis

Interest Futures Rally as Treasury Yields Drop After Fed’s Rate Cut

Interest futures rallied on Thursday and Friday as Treasury yields fell after the US central bank lowered rates by 25-bps. The rally came after a dip to new lows due to fears of higher inflation and interest rates with the new Trump administration.  Treasury yields eased on Thursday as the Trump trade faded. Initially, yields Read More…

Fundamental Analysis

Oil Prices Dip as Markets Weigh Trump Presidency

Oil prices fell on Wednesday and Thursday as traders digested the implications of a Trump presidency. At the same time, dollar strength has weighed on prices by making oil more expensive for foreign buyers. Meanwhile, market participants awaited the FOMC policy meeting, which is coming later on Thursday. Dollar vs Brent (Source: Bloomberg, ICE) Results Read More…

Fundamental Analysis

Gold Tumbling to Three-Week Low Amid Trump’s Victory

Gold prices plunged to a three-week low on Wednesday after Trump won the US presidential election. Meanwhile, the US dollar surged to a four-month high, making gold more expensive for foreign buyers. However, the market focus has shifted to the upcoming US central bank policy meeting.  Republican candidate Donald Trump won the election on Wednesday, Read More…
Fundamental Analysis

Equities Mildly Retreat in Pre-Election Uncertainty

Equities eased on Monday after consolidating ahead of the US presidential election. The decline came as markets unwound the Trump trade in light of new polls which showed Kamala Harris in the lead. Meanwhile, market participants were also cautious before Thursday’s FOMC policy meeting.  The US presidential election has introduced considerable uncertainty in the equities Read More…

Fundamental Analysis

Currency Futures Dip as Dollar Strengthens, Defying Soft Employment Data

Currency futures eased on Friday as the dollar surged despite a downbeat US employment report. Market participants paid little attention to the report since it could have been a one-time dip. At the same time, the focus was on the upcoming US presidential election. However, moves on Monday were subdued as traders preferred to wait Read More…

Interest Futures
Fundamental Analysis

Interest Futures Climb as Treasury Yields Ease on Weak Jobs Data

Interest futures rose Friday as the dollar, and Treasury yields eased after downbeat US monthly employment figures. At the same time, investors were cautious ahead of the November 5th presidential election.  Data on Friday revealed that the US economy added only 12,000 jobs in October, missing forecasts of 106,000. Meanwhile, the unemployment rate held steady Read More…

Fundamental Analysis

Surprise Decline in Inventories Sends Oil Prices Soaring Over 2%

Oil prices gained over 2% on Wednesday and continued to climb on Thursday after an unexpected drop in gasoline and crude inventories. At the same time, a report that OPEC+ might delay its planned production increased boosted prices.  Oil futures (Source: ICE) Data on Wednesday revealed that gasoline inventories fell by 2.7 million barrels last Read More…

Fundamental Analysis

Gold Reaches New Peak as Geopolitical Uncertainties Boost Demand

Gold prices reached a record high on Tuesday and extended gains on Wednesday as safe-haven inflows increased with geopolitical uncertainties. Investors were concerned about the upcoming US elections, with polls showing a tight race. At the same time, tensions in the Middle East escalated when 93 Palestinians died in an Israeli strike in Gaza.  Gold Read More…