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 Boom: Nasdaq Hits Record High Ahead of Nvidia Earnings

Equities ended higher on Monday, with the Nasdaq reaching a new record high as investors waited for Nvidia’s earnings report. At the same time, optimism amid signs of cooling inflation in the US increased rate cut expectations. However, policymakers put a lid on gains with hawkish statements, which weighed on the S&P 500 and the Read More…

Fundamental Analysis

Currency Futures Up as Dollar Falls on Rate Cut Prospects

Currency futures rose on Friday as the dollar fell amid rate cut speculation after the US consumer inflation report. However, policymakers maintained a slightly hawkish tone, putting a floor on further declines in the dollar. Dollar index (Source: Bloomberg) Last week, the US released several economic reports that led to an increase in Fed rate Read More…

Interest Futures
Fundamental Analysis

Interest Futures Pull Back After Peaking on Fed Rate Cut Hopes

Interest futures fell on Thursday after reaching new highs due to increased Fed rate cut expectations. The pullback came amid inflation worries after new economic data from the US. Still, interest futures are heading for a bullish week with increased rate-cut optimism. On Thursday, the US released data showing a bigger-than-expected 0.9% increase in import Read More…

Fundamental Analysis

Oil Prices Rise 1% as Crude Inventories Drop, US Inflation Softens

Oil price rose nearly 1% on Wednesday, climbing from a two-month low in the previous session due to a big draw in crude inventories and softer inflation in the US. Consequently, there was optimism about demand and looming Fed rate cuts. Data on Wednesday revealed a more significant decline in crude inventories than expected. The Read More…

Fundamental Analysis

Gold Prices Recover as Demand Rises on Declining US Treasury Yields and Dollar

Gold prices recovered on Tuesday as demand rose due to a decline in US Treasury yields and the dollar. This decline came after the US released an upbeat wholesale inflation report that had the opposite effect on prices. At the same time, gold was stronger as Powell maintained his outlook that inflation would decline, hence Read More…

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Fundamental Analysis

Equities Dip Slightly as Investors Cautiously Await US Inflation Data

Equities ended slightly lower on Monday as investors stayed on the sidelines ahead of US inflation data. At the same time, they were preparing to receive the earnings reports of major US retail companies. This week, the US will release several important reports, including wholesale inflation, consumer inflation, and retail sales. All these will significantly Read More…

Fundamental Analysis

Currency Futures Slide as Markets Expect Hotter US Inflation

Currency futures dropped on Friday as the dollar gained strength on higher US inflation expectations. At the same time, investors absorbed comments from Fed policymakers regarding interest rates. Meanwhile, US consumer sentiment fell. Data on Friday from the University of Michigan revealed a decline in consumer sentiment. The figures came in at 67.4 in May, Read More…

Interest Futures
Fundamental Analysis

Interest Futures Rise as US Employment Data Boost Rate Cut Expectations

Interest futures rose Thursday as Treasury yields fell after US employment data boosted rate cut expectations. Consequently, investors bet that the Federal Reserve’s rate-cut cycle could start in September. Meanwhile, market participants were preparing for another round of US inflation data next week for more clues on the outlook for Fed rate cuts. US jobless Read More…

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Fundamental Analysis

Oil Prices Edge Higher on Bigger-Than-Expected Inventories Draw

Oil prices increased slightly on Thursday as US inventory data surprised to the upside, indicating better-than-expected demand. At the same time, investors lowered their expectations for an increase in production at OPEC’s June meeting. WTI, Crude inventories (Source: Bloomberg, EIA) Notably, data on Wednesday revealed that US crude inventories fell by 1.4 million barrels last Read More…

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Fundamental Analysis

Gold Prices Ease But Outlook Remains Bright

Gold prices pulled back on Tuesday as investors paused and took profits after the recent rally. However, the bullish bias remains as markets cheered the increased likelihood of a Fed cut in September. At the same time, central bank purchases kept demand high. The pause in gold prices might be temporary, as most indicators point Read More…