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 Surge as Investors Price in Fed’s Rate Cut in Sep

Equities rose on Monday, adding to last week’s gains as markets priced in a Fed rate cut at the September meeting. At the same time, risk appetite improved since data last week eased fears of a looming US recession. S&P 500 weekly performance (Source: Bloomberg) Equities closed the best week of the year on Friday, Read More…

Fundamental Analysis

Currency Futures Climb as Dollar Pulls Back Amid Profit-Taking

Currency futures rose on Friday and Monday as the dollar retreated amid profit-taking. At the same time, the US currency fell at the end of the week as markets raised the chances of a 25 bps September Fed cut. On Thursday, the greenback had soared after sales data showed a robust economy.  Last week, the Read More…

Interest Futures
Fundamental Analysis

Interest Futures Rebound with Lower Rate Cut Bets After a Red Day

Interest futures plunged on Thursday as upbeat US economic data boosted risk appetite. At the same time, investors moved to price a lower likelihood of a 50-bps Fed rate cut at the September meeting. However, the move reversed on Friday as the probability of a 25-bps Fed cut rose. As US inflation data solidified bets Read More…

Fundamental Analysis

Oil Prices Fall 1% on Higher Inventory and Demand Woes

Oil prices fell nearly 1% on Wednesday due to increased demand worries after a bigger-than-expected increase in US crude inventories. However, the move reversed on Thursday as oil traders cheered a rise in Fed rate cut expectations. Data on Wednesday revealed that US crude inventories rose by 1.4 million barrels. It was the first increase Read More…

Fundamental Analysis

Gold Reaches New Highs on Softer-Than-Expected Inflation Figures

Gold prices eased slightly on Tuesday after making new highs on cooler-than-expected US wholesale inflation data. The pullback came as investors took profits after a three-session rally and continued into Wednesday. However, experts believe fundamentals support further upside for prices. Notably, gold prices have rallied since Thursday last week as recession fears eased. The turmoil Read More…

Fundamental Analysis

Equities Edge Down Slightly After New Highs as Recession Fears Subside

Equities fell slightly on Monday but made new highs as fears of a US recession eased. At the same time, market volatility decreased as panic reduced and investors focused on the upcoming US inflation reports.  The panic and fear that caused turmoil in the US equities market have recently subsided. US policymakers have called for Read More…

Fundamental Analysis

Currency Futures Rise as Dollar’s 3-Day Rally Stalls Amid Improved Sentiment

Currency futures rose on Friday as the dollar retreated after three sessions of gains. It extended this move at the start of the new week. Moreover, the greenback had a slightly bearish week but closed well above its lows as Fed rate cut expectations eased.  After a volatile week, the dollar eased on Friday as Read More…

Interest Futures
Fundamental Analysis

Interest Futures Drop as Treasury Yields Climb on Strong Jobs Data

Interest futures fell Thursday as Treasury yields rebounded after better-than-expected US employment data. At the same time, prices retreated as risk appetite improved after a period of economic uncertainty that boosted bond markets. Interest futures rallied last week and extended gains on Monday as investors panicked after poor US data. The nonfarm payrolls report revealed Read More…

Fundamental Analysis

Oil Price Extends Gains After Significant Reduction in US Stockpile

Oil gained over 2% on Wednesday and extended the gains into Thursday as data revealed a massive drop in US crude inventories. At the same time, supply concerns amid Libya’s lower oil production boosted prices. WTI (Source: Nymex) Data on Wednesday showed that US crude inventories fell for the sixth week in a row. Stocks Read More…

Fundamental Analysis

Gold Prices Recover Losses as Fed Rate Cut Optimism Grows

Gold prices extended declines on Tuesday, with the dollar and US Treasury yields recovering as recession fears eased. However, the yellow metal recovered by Wednesday as Fed rate-cut optimism overshadowed recent recession worries. Gold (Source: Bloomberg) On Monday, gold lost nearly 3% of its value as global markets sold off. The turmoil came from fears Read More…