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

Gold Sinks as Investors Flock to Dollar Amid Economic Uncertainty

Gold prices fell on Thursday as investors preferred the dollar as a haven amid downbeat US economic data. Even though gold is considered a hedge against inflation and uncertainty, high-interest rates diminish the appeal of the non-yielding asset.  Last week, there was a notable spike in the number of unemployed Americans filing new claims for Read More…

crude oil technical analysis
Fundamental Analysis

Oil Ends Three-Day Rally as Demand Worries Resurface After US Inflation Data

On Wednesday, oil prices fell by more than a dollar a barrel, ending a three-day rally. The drop came after economic data suggested that the US Federal Reserve may hike interest rates further. US consumer prices rose in April, potentially increasing the likelihood of higher interest rates. Global interest rate increases have worried traders about Read More…

Fundamental Analysis

Equities Dip as Investors Remain Cautious Ahead of US Inflation

US equities dipped on Tuesday as investors exercised increased caution in anticipation of the US consumer price index report. Investors were also awaiting a meeting between US political leaders to discuss the debt ceiling. The Labor Department’s consumer price index (CPI) report will come out on Wednesday, and investors will closely analyze it for any Read More…

Fundamental Analysis

Equities Mixed as US Inflation Report Looms

The US equities rally paused on Monday as investors shifted their focus to a key inflation reading later in the week. Throughout the day, stocks struggled for direction due to disappointing earnings from Tyson Foods and Catalent and a short-lived rebound in regional banks.  Catalent Inc’s shares tumbled as the contract drug manufacturer reported lower Read More…

Fundamental Analysis

Currency Futures Mixed as Dollar Surges on Jobs Gain

Currency futures ended Friday mixed as the dollar rose after an upbeat jobs report. The dollar lost some of its gains made earlier versus the Euro but maintained its strength against the yen. April’s employment gains and wage growth exceeded economists’ expectations but revealed negative job revisions for March. The employment figures rose by 253,000, Read More…

Fundamental Analysis

Gold Surges as Investors Scramble for Safety Amid Renewed Banking Fears

On Thursday, gold continued its remarkable surge, supported by predictions for a pause in US rate hikes as US banking fears intensified a flight to the safe-haven metal. Wall Street dropped due to PacWest’s decision to look into strategic options. The news increased worries about the health of local banks and countered the optimism about Read More…

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crude oil technical analysis
Fundamental Analysis

Oil Drops 5% on Economic Growth Concerns Fueled by Rate Hikes.

Oil prices fell 4% on Wednesday after the US Federal Reserve increased interest rates and as investors worried about the economy. Oil fell by 5% in the previous session, experiencing its largest daily percentage fall since early January. The Fed lifted interest rates by a quarter of a percentage point on Wednesday afternoon. This rate Read More…

Fundamental Analysis

Equities Post Losses Amid Uncertain Banking Sector, US Govt Debt Crisis

US equities ended lower Tuesday due to concerns that the government would run out of money after June 1 without a debt ceiling increase. Bank stocks collapsed following the weekend failure of American regional bank First Republic Bank. Energy shares tumbled as oil prices fell by 5% to a five-week low amid Concerns about the Read More…

Fundamental Analysis

Equities Edge Lower After Data as Investors Await the Fed Meeting

Wall Street equities ended slightly down, and Treasury yields rose as investors reviewed Monday’s data. They were awaiting Wednesday’s Fed’s interest rate decision and quarterly earnings reports. Data showed that the US manufacturing sector recovered from a three-year low in April as new orders and employment increased. However, the sector’s activity remained weak due to Read More…

Fundamental Analysis

Currency Futures Decline as Dollar Strengthens on Signs of Persistent Inflation

Currency futures closed lower on Friday as the dollar rose. The US dollar increased due to statistics showing that US inflation increased in March. At its monetary policy meeting next week, the Fed is still on track to raise interest rates.  The Bank of Japan announced it would retain its ultra-low interest rates as anticipated. Read More…

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