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

Currency Futures Decline as Dollar Gains on High Inflation, Safe Haven Demand

Currency futures were on the back foot on Friday as the US dollar reached a one-week high amid expectations of Fed hawkishness. Robust US inflation data reinforced expectations that the Federal Reserve might need to maintain higher interest rates for longer. In September, the consumer price index (CPI) increased by 0.4%, keeping the annual rate Read More…

Fundamental Analysis

Gold Prices Fall as the Dollar and Treasury Yields Rally

On Thursday, gold prices dropped as the dollar and Treasury yields rose. This followed higher-than-expected US consumer price increases in September, which raised concerns about the Federal Reserve maintaining elevated interest rates. US inflation (Source: Bureau of Labor Statistics) The Labor Department’s report released on Thursday revealed that the annual increase in consumer prices last Read More…

Fundamental Analysis

Oil Prices Plummet Over 2% on Eased Middle East Tensions

On Wednesday, oil prices dropped more than 2% as concerns about supply disruptions due to Middle East conflicts eased. Moreover, Saudi Arabia, the leading OPEC producer, pledged to stabilize the market.  Prices for Brent and WTI had surged over $3.50 per barrel on Monday, driven by worries that the Israel-Palestine clashes might escalate, causing global Read More…

Fundamental Analysis

Equities Finish Strong on Federal Reserve’s Dovish Tone

US equities ended higher on Tuesday, marking their third consecutive day of gains. This rise followed dovish statements from US Federal Reserve officials, which caused Treasury yields to drop. At the same time, investors were cautiously monitoring the situation in the Middle East. Atlanta Fed President Raphael Bostic asserted that there was no need for Read More…
Fundamental Analysis

Equities Rise with Energy Stocks Amid Geopolitical Tensions

US equities closed higher on Monday as energy stocks surged with oil prices following the latest updates on the Israel-Palestinian conflict. The Israeli military took steps, including calling up reservists and imposing a total blockade on the Gaza Strip. It indicates possible plans for a ground assault against Hamas, which launched a deadly attack over Read More…

Fundamental Analysis

Currency Futures Rise as Dollar Dips in the Wake of the US Jobs Report

On Friday, currency futures gained as the US dollar declined slightly against various currencies after the latest jobs report. The report indicated a widespread increase in US hiring for September but also highlighted a deceleration in wage growth.  For the week, the dollar index experienced a 0.1% decrease, ending an 11-week streak of gains. This Read More…

Fundamental Analysis

Gold Bounces Back After Eight Days of Losses as Bond Yields Dip

Gold rose on Thursday, breaking an eight-session losing streak as US bond yields and the dollar dropped from recent highs. This rise came ahead of the eagerly awaited non-farm payrolls report this week. IG market strategist Yeap Jun Rong commented, “Although there is an attempt at recovery in gold prices today, there is still uncertainty Read More…

crude oil technical analysis
Fundamental Analysis

Oil Prices Slump $5 Amid Economic Concerns and Reduced Demand

On Wednesday, oil prices dropped over $5 due to a decline in fuel demand and a gloomier economic outlook. Both benchmark prices hit session lows, plummeting more than $5, while heating oil and gasoline futures also saw a more than 5% decrease. Since last week’s settlement, crude oil prices have fallen by approximately $10.  The Read More…

Fundamental Analysis

Equities End Mixed as Investors Assess the Fed’s Policy Outlook

US equities ended mixed on Monday, with the S&P 500 nearly flat and Nasdaq higher. Investors assessed the possibility of the Fed keeping interest rates high for an extended period. The Nasdaq increased as Nvidia’s shares rose by 2.9% after Goldman Sachs included the chipmaker in its list of preferred stock picks. Meanwhile, Fed Governor Read More…