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 Hits Record High as Safe-Haven Demand Drives 1% Surge

Gold prices rose by 1% to a record high on Tuesday and extended the move Wednesday due to safe-haven demand. Market participants are flocking to gold amid political uncertainty ahead of the US election. At the same time, developments in the Middle East have raised demand for the yellow metal. Spot gold (Source: Bloomberg) The Read More…

Fundamental Analysis

Equities Slide as Rising Yields Reflect Diminishing Rate Cut Bets

Equities ended in the red on Monday as Treasury yields rose, reflecting a decline in Fed rate cut expectations. Experts observed that market participants were likely taking profits before a week full of earnings reports from major companies such as Tesla and Coca-Cola.  US Treasury yields hit a 12-week high on Monday, signaling growing expectations Read More…

Uncategorized

Currency Futures Rally as Improved Risk Sentiment Softens Dollar

Currency futures rose on Friday as the dollar eased due to increased risk appetite. Risk sentiment improved after China announced stimulus measures to support the country’s stock market and risk-sensitive currencies like the Australian dollar firmed. However, the trend shifted on Monday as the dollar recovered on bets of a Trump win. On Friday, China Read More…

Fundamental Analysis

Oil Recovers on Surprise Crude Inventory Draw

Oil rebounded on Thursday due to an unexpected draw in crude inventories. However, prices ended near a two-week low on Wednesday as downward pressure from demand concerns and easing Middle East tensions persisted. China’s weak economic performance has led to a downgrade in the global oil outlook. Meanwhile, the calm between Israel and Iran has Read More…

Fundamental Analysis

Gold Rallies to All-time Highs Amid Falling Yields

Gold prices rose on Tuesday and Wednesday as a decline in Treasury yields increased demand for the non-yielding metal. Meanwhile, market participants awaited more data from the US on sales and jobless claims for clues on the Fed’s future policy moves. Gold (Source: Bloomberg) Treasury yields slipped after data revealed soft manufacturing activity in New Read More…

Fundamental Analysis

Tech Surge Boosts Equities Despite Holiday Slowdown

Equities ended higher on Monday as technology stocks rallied despite thin holiday trading. Risk sentiment improved on Friday after major banks reported positive earnings. Meanwhile, market participants are preparing for the crucial US retail sales report later this week.  S&P 500 earnings estimates (Source: Bloomberg Intelligence) Despite poor estimates, the stock market rose as the Read More…

Fundamental Analysis

Currency Futures Pause as Fed Outlook Unchanged Amid Mixed Data

Currency futures ended nearly flat on Friday as the dollar paused after a set of mixed data barely changed the outlook for Fed rate cuts. Although consumer inflation jumped, producer prices missed forecasts.  The dollar ralied last week before pausing on Friday. The rally came after consumer inflation figures beat forecasts. The CPI increased by Read More…

Interest Futures
Fundamental Analysis

Interest Futures Dip as Fed Rate Cut Outlook Dims Slightly

Interest futures fell on Thursday as mixed US data led to a slight decline in Fed rate cut expectations. Data showed that inflation in September was higher than expected. Meanwhile, employment figures showed weakness in the labor market last week. US core inflation (Bureau of Labor Statistics) Consumer Price Index figures on Thursday revealed that Read More…

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…