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

Investors Abandon Risky Assets Amid Increased Recession Concerns

Big US banks expect a poorer economy in 2023, warning of a looming recession. The S&P 500 collapsed for a fourth straight session on Tuesday after a two-month rally. China posted dismal trade figures for November, with imports and exports experiencing their largest monthly declines since 2020. Equities fell on Wednesday as investors became risk-averse. Read More…

Fundamental Analysis

Equities Decline After Upbeat US ISM Data

The US economy’s strength stoked concerns about the prospect of higher rates. US services industry activity unexpectedly increased in November. The market anticipates the terminal rate to increase to 5.001% in May, up roughly nine basis points from last week. Global equities rose slightly on Tuesday after Monday’s decline as fresh indications of the US Read More…

Fundamental Analysis

Currency Futures Prices Rise on Improved Risk Sentiment

Investors are growing more optimistic about China’s reopening. US firms created 263,000 jobs in November, well over estimates of 200,000. The Fed will likely increase rates by 50bps at the next meeting. Currency futures prices rose on Monday as the US Dollar failed to gain traction and wallowed at five-month lows. The traders downplayed the Read More…

Fundamental Analysis

Precious Metals Pause Rally Ahead of NFP

Data revealed that manufacturing activity in the United States shrank in November. The PCE price index grew 6.0% in the year ending in October after rising 6.3% in September. Precious metals may benefit from Friday’s jobs data meeting or falling short of expectations. After a rough day on Thursday, precious metals pulled back slightly on Read More…

Fundamental Analysis

Currency Futures Prices Soften as Dollar Hovers Near One-Week High

Investors are awaiting a speech from Fed chair Powell. Weaker-than-expected consumer price data from Germany and Spain kept Euro futures prices down. Australia’s annual increase in CPI for October was 6.9%, down from 7.3% in September. Currency futures edged lower early Wednesday as the US dollar held steady near a one-week high, holding on to Read More…

Fundamental Analysis

Equities Rebound as Investors Expect Covid-19 Restrictions to ease in China

Beijing’s ban on equity refinancing for listed property enterprises was lifted. There are rumors recent Chinese protests will lead to an early easing of restrictions. Analysts believe that the Fed will remain hawkish and disappoint investors. Tuesday saw a surge in Asian equities as Beijing’s latest initiative to encourage developers boosted the real estate market, Read More…

Fundamental Analysis

Equities Fall as Risk Sentiment Suffers Due to Protests in China

Investors worry over ongoing protests in China. PBOC will release about $70 billion to boost the Chinese economy. There is growing resentment of the Zero-COVID policy in China. The Equities market fell on Monday as concerns over the control of the virus in the second-largest economy in the world increased following unusual protests against the Read More…

Fundamental Analysis

Precious Metals Tick Higher as the US Dollar Continues to Weaken

Precious metals continue to rally after FOMC minutes. Long-term US Treasury yields fall to a more than seven-week low. Investors are leaning towards a 50bps Fed hike in December. The prices of precious metals rose on Friday as markets continued to assess the Federal Reserve’s dovish signals. Long-term Treasury yields in the United States fell Read More…

crude oil technical analysis
Fundamental Analysis

Oil Falls Amid Russian Price Cap Talks, Increasing Demand Concerns

Oil fell on reports the EU was considering a higher Russian price cap. US gasoline stockpiles increased by 3.1 million barrels, pointing to slowed demand. Oil prices got support from the falling dollar after the less hawkish Fed minutes. Oil prices continued to fall on Thursday after the Group of Seven (G7) countries discussed setting Read More…