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

Gold Prices Recover as Demand Rises on Declining US Treasury Yields and Dollar

Gold prices recovered on Tuesday as demand rose due to a decline in US Treasury yields and the dollar. This decline came after the US released an upbeat wholesale inflation report that had the opposite effect on prices. At the same time, gold was stronger as Powell maintained his outlook that inflation would decline, hence Read More…

Fundamental Analysis

Equities Dip Slightly as Investors Cautiously Await US Inflation Data

Equities ended slightly lower on Monday as investors stayed on the sidelines ahead of US inflation data. At the same time, they were preparing to receive the earnings reports of major US retail companies. This week, the US will release several important reports, including wholesale inflation, consumer inflation, and retail sales. All these will significantly Read More…

Fundamental Analysis

Currency Futures Slide as Markets Expect Hotter US Inflation

Currency futures dropped on Friday as the dollar gained strength on higher US inflation expectations. At the same time, investors absorbed comments from Fed policymakers regarding interest rates. Meanwhile, US consumer sentiment fell. Data on Friday from the University of Michigan revealed a decline in consumer sentiment. The figures came in at 67.4 in May, Read More…

Interest Futures
Fundamental Analysis

Interest Futures Rise as US Employment Data Boost Rate Cut Expectations

Interest futures rose Thursday as Treasury yields fell after US employment data boosted rate cut expectations. Consequently, investors bet that the Federal Reserve’s rate-cut cycle could start in September. Meanwhile, market participants were preparing for another round of US inflation data next week for more clues on the outlook for Fed rate cuts. US jobless Read More…

Fundamental Analysis

Oil Prices Edge Higher on Bigger-Than-Expected Inventories Draw

Oil prices increased slightly on Thursday as US inventory data surprised to the upside, indicating better-than-expected demand. At the same time, investors lowered their expectations for an increase in production at OPEC’s June meeting. WTI, Crude inventories (Source: Bloomberg, EIA) Notably, data on Wednesday revealed that US crude inventories fell by 1.4 million barrels last Read More…

Fundamental Analysis

Gold Prices Ease But Outlook Remains Bright

Gold prices pulled back on Tuesday as investors paused and took profits after the recent rally. However, the bullish bias remains as markets cheered the increased likelihood of a Fed cut in September. At the same time, central bank purchases kept demand high. The pause in gold prices might be temporary, as most indicators point Read More…

Fundamental Analysis

Equities Soar on Fed Rate Cut Optimism

Equities closed higher on Monday as investors gained confidence that the Federal Reserve will cut rates sometime this year. Moreover, better-than-expected earnings reports from US companies continued to support the market. S&P 500 (Source: Bloomberg) Since last week, equities have performed well as policymakers and economic reports point to an eventual Fed rate cut this Read More…

Fundamental Analysis

Currency Futures Surge as Dollar Plunges on Poor Jobs Report

Currency futures surged on Friday as the dollar plunged after a poor jobs report. The report revealed a deterioration in the labor market that led to an increase in Fed rate cut expectations. At the same time, data from the US showed a decline in service sector activity, weighing on the dollar. US employment data Read More…

Interest Futures
Fundamental Analysis

Interest Futures Surge as Investors Cheer Powell’s Less Hawkish Tone

Interest futures rose on Thursday as markets applauded Powell’s less hawkish tone after the FOMC policy meeting. At the same time, investors were gearing up for April’s US employment figures, which will give more direction on Fed rate cuts. Going into the FOMC meeting, there were concerns that policymakers would be more hawkish than usual. Read More…

Fundamental Analysis

Oil Prices Slide as US Crude Inventories Surge Unexpectedly

Oil prices fell on Wednesday after a surprise jump in US crude inventories. Additionally, the Fed policy meeting ended with a hawkish note, meaning more rate-cut delays. At the same time, there was hope in the market of a ceasefire in the Middle East war, which weighed on prices. The EIA reported that US crude Read More…