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 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…

Fundamental Analysis

Equities Climb as Investors Anticipate Key Tech Earnings

Equities gained on Monday ahead of more tech earnings this week. Last week, Tesla surprised with upbeat forecasts, which boosted market sentiment. At the same time, market participants are watching the upcoming presidential election and economic report before the FOMC meeting.  Q3 Earnings (Source: Bloomberg Intelligence) This week, the US will unveil the earnings reports Read More…

Fundamental Analysis

Dollar Ends Another Week Up, Pressuring Currency Futures

Currency futures extended declines as the dollar ended another week with gains due to upbeat data and increased bets for a Trump win. At the same time, downbeat economic data from countries like Japan and Canada weakened their currencies.  The greenback had another strong week as economic data showed a resilient economy. Last week, data Read More…

Interest Futures
Fundamental Analysis

Falling Yields Lift Interest Futures Despite Positive US Data

Interest futures rose on Thursday and Friday as Treasury yields dropped despite upbeat US economic data. Nevertheless, prices remained near recent lows and will likely end the week down due to a shifting Fed rate cut outlook and the looming US presidential election.  10-year US Treasury yield (Source: Bloomberg) Data on Thursday showed that the Read More…

Fundamental Analysis

Oil Rallies as Israel-Hezbollah Conflict Escalates

Oil prices rose 1% on Thursday, recovering from the 1% loss in the previous session. The rally came as Middle East tensions escalated. Meanwhile, the decline on Wednesday came after a bigger-than-expected increase in crude oil inventories.  The conflict between Israel and Hezbollah heated up on Thursday, raising fears of a broader war that would Read More…

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…