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 in Europe and Wall Street Slide Amid Rate Cut Uncertainty

Equities in Europe and Wall Street dropped on Tuesday, accompanied by a decline in US government debt. This drop reflects reduced market optimism regarding prompt Fed interest rate cuts. Equities and bonds (Source: Bloomberg) Meanwhile, the dollar surged against major currencies as the yield on the 10-year Treasury note increased. This also signaled reduced expectations Read More…

Fundamental Analysis

Equities Edge Down After a Strong Year-End Rally

US equities ended Friday slightly lower, closing a solid year-end rally as investors anticipated Fed rate cuts in the year ahead. S&P 500 weekly performance (Source: Bloomberg) Equities have risen strongly in the last months of the year. The S&P 500, the Dow, and the Nasdaq recorded nine consecutive weeks of gains. For the S&P Read More…

Fundamental Analysis

Gold Prices Rise on Optimism for March Federal Reserve Cut

Gold prices rose on Thursday as US economic data heightened expectations of a Federal Reserve interest rate cut in March next year. Data revealed a 4.9% annualized growth in US gross domestic product for the last quarter, a revision from the initially reported 5.2%. Moreover, there was a slight increase in weekly jobless claims. Spot Read More…

Fundamental Analysis

Oil Prices Settle Higher Amidst Global Tensions

On Wednesday, oil prices settled slightly higher amid concerns over global trade disruption. There were attacks on ships in the Red Sea by Yemen’s Iran-aligned Houthi forces. Meanwhile, a surprise US crude inventory build, larger-than-expected fuel stock gains, and record domestic oil production limited price gains.  The US Energy Information Administration reported increases in US Read More…

Fundamental Analysis

Equities Extend Gains on Federal Reserve’s Dovish Pivot

On Tuesday, US equities continued their rally, propelled by the Federal Reserve’s recent dovish policy shift. All three major US stock indexes gained, pushing the S&P 500 close to its January 2022 all-time closing high. If the S&P 500 goes above this level, it would confirm a bull market since its low hit in October Read More…

Fundamental Analysis

Equities on the Rise as Investors Bet on Federal Reserve Rate Cuts

On Monday, US equities rose as investors anticipated interest rate cuts by the Federal Reserve next year. The S&P 500 and Nasdaq recorded solid gains, while the Dow remained flat. Tom Hainlin, national investment strategist at US Bank Wealth Management, noted that the market expected the Fed to cut interest rates next year. This is Read More…

Fundamental Analysis

Currency Futures Falter as Williams Bucks Rate Cut Expectations

On Friday, currency futures pulled back from recent highs as Federal Reserve Bank of New York President John Williams opposed market expectations for a rate cut. At the same time, the dollar strengthened. However, it still had its worst weekly performance in a month. Dollar risk reversal (Source: Bloomberg) The dollar’s decline last week followed Read More…

Fundamental Analysis

Gold Hits 10-Day Highs Amid a Dovish Fed

On Thursday, gold prices reached a 10-day high after the Fed indicated that it was done with rate hikes and looking at the possibility of rate cuts. The Fed’s dovish shift, communicated during Wednesday’s FOMC meeting, led to expectations of more aggressive rate cuts. The market responded positively, boosting gold prices. Demand for gold went Read More…

Fundamental Analysis

Oil Prices Edge Up on Unexpected US Crude Inventory Decline

Oil prices experienced a 1% increase on Wednesday, rebounding from a five-month low recorded in the previous session. The uptick was propelled by a greater-than-anticipated weekly reduction in US crude storage and apprehensions regarding the security of oil supplies in the Middle East after an attack on a tanker in the Red Sea. Moreover, oil Read More…
Fundamental Analysis

Equities Hit Yearly Highs with Fed Rate Cut Expectations Intact

On Tuesday, US equities reached new yearly highs as the latest inflation figures had minimal impact on expectations regarding the Federal Reserve’s rate cut timing.  US consumer inflation (Source: Bureau of Labor Statistics) The November Consumer Price Index (CPI) matched economist estimates with a 3.1% annual increase. At the same time, core prices, excluding volatile Read More…