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 Fall as Dollar Recovers After Retail Sales Data

On Friday, currency futures fell as the dollar recovered from a one-year low after some March retail sales figures were not as weak as some economists had anticipated. A top Federal Reserve official cautioned that the US central bank must raise rates to reduce inflation. The dollar recovered from an initial decline when statistics revealed Read More…

Fundamental Analysis

Gold Rises on More Evidence of Easing Inflation

On Thursday, gold rose when additional negative US data supported predictions of a pause in Fed rate hikes. There were also fears of a mild recession which sent investors scrambling for safe-haven assets. The dollar and Treasury yields fell after data revealed a slowing in the increase in producer prices last month and an increase Read More…

crude oil technical analysis
Fundamental Analysis

Oil Hits One Month-High on Hopes of Ending Tightening Cycle

Oil prices rose by 2% on Wednesday, reaching their highest level in over a month. Cooling US inflation data raised optimism that the Federal Reserve would soon end its cycle of interest-rate hikes. This optimism Overshadowed a slight increase in US crude oil inventories. After increasing by 0.4% in February, the US Consumer Price Index Read More…

Fundamental Analysis

Equities Close Flat as Investors Remain Sidelined Ahead of US Inflation

Wall Street equities closed flat on Tuesday as investors awaited inflation data and the unofficial start of the first-quarter reporting season.  In the afternoon, stocks temporarily rose as Chicago Fed President Austan Goolsbee warned the Federal Reserve against raising rates too quickly to rein in inflation. Without market-moving variables, investors looked forward to the consumer Read More…

Fundamental Analysis

Equities Flat Ahead of US Inflation and Bank Earnings

US equities recovered from large losses to end Monday flat as investors absorbed Friday’s jobs data and prepared for a busy week of inflation data and bank reports. The Labor Department released its March employment report on Friday, a market holiday, and it showed strong payroll growth and a welcome but minor slowdown in wage Read More…

Fundamental Analysis

Oil Prices Close Flat as Poor Economic Outlook Overshadows Crude Stocks Draw

Despite larger-than-expected draws in US crude and fuel stocks, oil prices remained mostly unchanged on Wednesday. The market weighed deteriorating economic outlooks against forecasts of US crude inventory declines and plans by OPEC+ producers to reduce production. According to government statistics, US crude inventories decreased by 3.7 million barrels last week, which was about 1.5 Read More…

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Fundamental Analysis

Equities Close Lower After Poor US Data Renewed Recession Worries

Tuesday saw a lower closing price for US equities as signs of a slowing economy increased concerns that the Fed’s efforts to contain decades-high inflation may trigger a severe recession. All three main indices declined as data revealed factory orders dropped for a second consecutive month. Job openings in the United States went down to Read More…

Fundamental Analysis

Equities Climb Amid Gains in Energy Stocks

US equities ended the day higher on Monday thanks to gains in energy stocks due to unexpected reductions in the OPEC+ group’s oil production targets. Tesla, however, fell after disappointing investors with its first-quarter electric vehicle deliveries. Tesla Inc. fell 6.1% after revealing that deliveries for the March quarter increased just 4% from the previous Read More…

Fundamental Analysis

Currency Futures Post Gains as Markets Expect Less Aggressive Fed

Currency futures posted weekly gains on Friday as slowing US consumer spending growth raised expectations that the Federal Reserve would become less aggressive. According to a report by the US Commerce Department, personal consumption expenditure prices increased 5.0% in February compared to last year. It slowed from a 5.3% rise in January. A measure of Read More…