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

Equity Futures Prices Rally in anticipation of Lower Rate Hikes

Alphabet and Microsoft reported weaker-than-expected quarterly earnings. Data released Tuesday indicated a decline in consumer confidence amid rising inflation. Markets are betting on a lower 50bps hike from the Fed in December. Most U.S. Equity Futures index prices, including the E-mini Nasdaq-100 (NQ) futures, closed substantially higher on Tuesday, boosted by dropping benchmark Treasury yields. Read More…

Fundamental Analysis

The Beginning of the End of Fed’s Aggressive Monetary Policy

Investors are optimistic the Fed will pause rate hikes as the US economy cools. Business activity in the US fell further below 50 in October. 74.7% of the S&P 500 businesses have reported higher-than-expected earnings. E-mini S&P 500 (ES) futures prices rose on Tuesday, building on gains from the previous week. Indications of economic slowdown Read More…

Fundamental Analysis

Japan’s Uphill Battle to Support Yen Against Sharp Declines

Japan intervened for the second time last week to support the falling Yen. Speculators are betting on more yen weakness despite recent interventions. Japan faces a huge challenge as speculative short Yen positions continue increasing. Japanese yen (6J) futures prices have fallen as the flood of speculative bets against the Yen continued despite Japan’s historic Read More…

Fundamental Analysis

Rising US Treasury Yields Weigh Heavily on Gold Futures (GC)

Gold prices are struggling as US Treasury yields make new highs. Markets expect the Fed to maintain its aggressive stance, which might hurt gold prices. The US labor market continues to show resilience amid rising interest rates. The yield on 10-year US Treasury notes has increased to levels last seen in June 2008, and persistently Read More…

Fundamental Analysis

Crude Oil (CL) Futures Prices Reverse October Gains on a looming US SPR Release

US president Joe Biden announces another Strategic Petroleum Reserve release. There are demand concerns as China’s economy deteriorates. Us crude oil inventories fell more than expected last week, showing improved demand. Crude oil (CL) futures prices started October and 4Q’22 strong; however, the subsequent price movement has been affected by concerns about the resumption of Read More…

Fundamental Analysis

E-mini Nasdaq-100 (NQ) Futures Surge on Upbeat Earnings and Industrial Production Data

Market sentiment has improved after upbeat earnings reports. US Industrial production came in higher than expected at 0.4%. Investors expect UK inflation data to determine the BoE’s next rate hike. E-mini Nasdaq-100 (NQ) futures prices closed higher, and Treasury yields decreased on Tuesday due to encouraging earnings and better-than-anticipated US industrial data. “The market was Read More…

Fundamental Analysis

Renewed Investor Optimism After a Positive Start to Earnings Season

Rising interest rates in the US are boosting lenders’ interest incomes. There is less turmoil in the market after UK’s fiscal policy u-turn. Analysts expect the Fed to continue its aggressive monetary policies. Major equity futures indexes, including the E-mini S&P 500 (ES), began the trading week with a price surge after Britain changed its Read More…

Fundamental Analysis

British Pound (6B) Futures Price Reverses Sell-off on Truss’ Tax U-turn

Liz Truss’s new finance minister, Jeremy Hunt, has improved the market mood. Jeremy Hunt promises to focus on growth underpinned by stability. Goldman Sachs lowers its 2023 UK economic growth outlook from a 0.4% decline to a 1% decline. British pound (6B) futures prices rose on Monday after the announcement that Chancellor Jeremy Hunt will Read More…

Fundamental Analysis

Gold (GC) Futures Prices Fall Amid High Us Inflation Data

Investors are expecting a significant rate hike after a higher US inflation reading. Both the Fed and Joe Biden’s administration are fighting to lower inflation. Gold remains less attractive as interest rates rise in the US. Gold (GC) futures prices collapsed after investors digested a higher reading on US inflation that stoked speculation about a Read More…

Fundamental Analysis

Crude Oil (CL) Futures Prices Lose Ground on Renewed Demand Worries

Markets anticipate a drop in oil demand owing to China’s rise in COVID-19 cases. Oil demand in the US fell last week after data showed an increase in inventories by about 7.1 million barrels. The US dollar is edging higher after higher-than-expected PPI data. On Thursday, crude oil (CL) futures prices struggled to regain footing Read More…