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

Iranian Oil Fears and Hurricane Milton Spark Oil Price Recovery

Fears of Iranian oil disruptions and Hurricane Milton in the US boosted oil prices on Thursday. In the previous session, prices fell due to a bigger-than-expected increase in US crude oil inventories.  Oil eased on Wednesday after the US released data showing a 5.4 million barrel rise in crude inventories. Meanwhile, economists had predicted a Read More…

Fundamental Analysis

Gold Prices Sink Amid Waning Fed Rate Cut Bets

Gold prices fell more than 1% on Tuesday and maintained the downward trajectory on Wednesday due to a decline in Fed rate cut expectations. Moreover, prices dropped due to worries about poor growth in China in Q4. Gold (Source: Bloomberg) Gold hit a two-week low in the previous session as market participants priced in a Read More…

Fundamental Analysis

Equities Fall 1% as Markets Dial Back Fed Rate Cut Expectations

Equities fell by 1% on Monday as market participants absorbed the sudden shift in the Fed’s rate cut outlook. At the same time, fears arose that the escalating Middle East tensions would increase oil prices and affect the global economy. On Friday, the US monthly employment report revealed a jump in job growth and a Read More…

Fundamental Analysis

Currency Futures Slip as Dollar Boosts After Robust NFP

Currency futures fell on Friday while the US dollar jumped after a blockbuster employment report lowered Fed rate cut expectations. At the same time, demand for the dollar remained high after several upbeat US economic reports. US employment (Source: Bureau of Labor Statistics) It was a green day for the dollar after the US released Read More…

Uncategorized

Upbeat US Data Sends Interest Futures Falling as Yields Surge

Interest futures fell on Thursday and Friday as Treasury yields rose while Fed rate cut expectations fell after upbeat US data. Market participants moved to price a higher chance of a small rate cut during the November meeting.  Since Tuesday, interest futures have declined as the outlook for rate cuts in the US shifted. The Read More…

Fundamental Analysis

Oil Prices Surge as Middle East Tensions Fuel Supply Worries

Oil prices have rallied since Wednesday due to supply concerns stemming from increased tensions in the Middle East. However, a build in US crude inventories indicated weak demand, weighing on prices.  Brent futures (Source: ICE) The conflict between Iran and Israel escalated when Iran fired 180 missiles at its opponent. Meanwhile, Israel vowed to hit Read More…

Fundamental Analysis

Gold Rally: Middle East Tension Led Gains Stall

Gold prices pulled back slightly after rallying and ending higher on Tuesday due to escalating Middle East tensions. The conflict between Iran and Israel raised fears of a wider war, leading to a scramble for safety in the yellow metal. On Monday, gold prices dropped after Powell delivered a slightly hawkish speech. Initially, traders had Read More…

Fundamental Analysis

Equities Defy Powell’s Hawkishness, Close at All-Time Highs

Equities ended at record highs on Monday despite a hawkish speech from Powell that led to a drop in rate cut expectations. At the same time, market participants were gearingequ up for a new quarter and week packed with critical US economic data. Last week, equities had risen on Friday after US inflation data revealed Read More…

Fundamental Analysis

Currency Futures Wobble Amid Diverse Economic and Political Shifts

Currency futures were mixed on Friday and Monday amid several economic and political changes in different countries. Meanwhile, the dollar fell after inflation data revealed softer-than-expected numbers.  US core inflation (Source: Bureau of Economic Analysis) The US core PCE price index report on Friday revealed a 0.1% increase in August, smaller than the forecast of Read More…

Interest Futures
Fundamental Analysis

Interest Futures Gain as Yields Ease on Fed’s Further Rate Cut Hopes

Interest futures rose on Thursday and Friday as Treasury yields eased amid rising Fed rate cut expectations. However, the move was subdued as market participants waited for the core PCE inflation figures.  Treasury yields eased on Thursday despite upbeat US data. The outlook for Fed rate cuts remains quite dovish, with investors pricing a 50% Read More…