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 Split as Tech Stocks Slide Ahead of FOMC Policy Meeting

Equities had a mixed day on Monday. Major tech stocks dragged the Nasdaq lower, while the S&P 500 and the Nasdaq gained ahead of an anticipated rate cut at the FOMC meeting on Wednesday.  Tech stocks performance (Source: Bloomberg) Apple shares dropped by 2.7% after an analyst noted that demand for the iPhone 16 models Read More…

Fundamental Analysis

Currency Futures Rise Amid Growing Fed Rate Cut Expectations

Currency futures extended Friday’s rally on Monday as the dollar fell to an almost nine-month low due to increased Fed rate cut expectations. The outlook for rate cuts shifted suddenly, with market participants moving to price a higher chance of a 50-bps rate cut.  Earlier last week, a set of inflation reports convinced markets that Read More…

Interest Futures
Fundamental Analysis

Interest Futures See-Saw as Fed Rate Cut Sentiment Shifts

Interest futures fell on Thursday before recovering on Friday due to fluctuations in Fed rate cut expectations. Market participants went from expecting a 25-bps rate cut next week to pricing a higher likelihood of a more significant rate cut.  US wholesale inflation (Source: Bureau of Labor Statistics) Investors were initially more convinced that the Fed Read More…

Fundamental Analysis

Oil Prices Surge on US Supply Worries Amid Hurricane Francine Sparks

Oil prices rose Wednesday and Thursday as Hurricane Francine ripped through the US, raising fears of supply disruptions. At the same time, investors remained concerned about demand after OPEC trimmed its forecasts for this year and 2025. Hurricane Francine has caused a lot of supply disruptions that have put a premium on oil prices. The Read More…

Fundamental Analysis

Gold Gains Erased After US Inflation Data Release

Gold prices rose on Tuesday and Wednesday before pulling back after the crucial US inflation data. Initially, the bullish move was subdued as most traders preferred to wait on the sideline. At the same time, the US presidential debate on Tuesday favored Kamala, leading to a drop in the dollar. This made gold cheaper for Read More…

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…