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 Rebound 1% as Markets Brace for US Inflation Data

Equities rose 1% on Monday, recovering from last week’s plunge ahead of crucial US inflation data. Investors sold stocks the previous week due to fears about the economy after a set of poor reports.  S&P 500 weekly change (Source: Bloomberg) Notably, the manufacturing and labor sectors showed weakness, creating economic uncertainty. However, by Monday, calm Read More…

Fundamental Analysis

Currency Futures Ease as NFP Data Supports Gradual Fed Rate Cuts

Most currency futures were on the back foot on Friday as the dollar whiplashed after a mixed monthly jobs report. The greenback ended higher as labor market data further eased fears of a recession and pointed to a gradual Fed rate cutting cycle.  Last week, the US released several economic reports that gave an ambiguous Read More…

Fundamental Analysis

Oil Prices Stabilize After Tumbling on US Recession Fears

Oil prices recovered slightly on Thursday after collapsing in the previous sessions. Prices suffered on Tuesday and Wednesday as investors grappled with fears of a recession in the US. At the same time, a likely end to the dispute in Libya lowered the chances of a tighter market. On Tuesday, oil collapsed by 5% after Read More…

Fundamental Analysis

Equities Slip After Downbeat ISM Manufacturing Data

Equities plummeted on Tuesday after downbeat manufacturing data sent investors scrambling for safety. At the same time, experts believe the decline came as investors dumped equities at the start of a historically poor month.  Data on Tuesday showed a bigger contraction in the US manufacturing sector than expected. The ISM manufacturing PMI showed a contraction Read More…

Fundamental Analysis

Gold Slips PCE Inflation Report Lowers Fed’s Odds of 50-bps Cut

Gold fell on Tuesday after dropping on Friday due to a rally in the US dollar and Treasury yields. The rally came after the PCE inflation report, which lowered the likelihood of a 50-bps September Fed rate cut. Meanwhile, markets were closed on Monday due to a US holiday. Investors are slowly shifting their focus Read More…

Fundamental Analysis

Currency Futures Slide as Markets Anticipate Fed’s 25-BPS Cut

Currency futures fell on Friday after US data solidified bets for a smaller 25 bps September Fed rate cut, boosting the US dollar. Data throughout last week showed that the US economy remains resilient, dismissing fears of a recession. Fed rate cut bets (Source: Bloomberg) The dollar had a bullish day on Friday after the Read More…

Interest Futures
Fundamental Analysis

Interest Futures Lower After Upbeat US GDP Growth

Interest futures recovered slightly after falling on Thursday as US data showed a resilient economy, further reducing the risk of a recession. At the same time, the likelihood of a 50 basis points Fed rate cut in September fell. A stable economy means the US central bank can gradually lower borrowing costs. US GDP (Source: Read More…

Fundamental Analysis

Oil Prices Regain Ground After 1% Fall on Demand Concerns

Oil prices recovered slightly on Tuesday after falling 1% in the previous session due to a disappointing inventories report. However, the potential loss of Libyan oil output and Middle East tensions kept a floor on price declines.  Data on Wednesday revealed a smaller-than-expected drop in US crude stocks last week. Inventories fell by 846,000 barrels, Read More…

Fundamental Analysis

Gold Prices Pare Gains as Markets Await US Inflation Report

Gold prices ended flat on Tuesday and fell on Wednesday as the dollar rose ahead of more US inflation data. The US will release its core PCE report on Friday, giving guidance on the size of upcoming Fed rate cuts.  Gold prices rallied on Friday and Monday due to rate cut optimism. Notably, Powell opened Read More…