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

Equities Rally on the Back of Lower-than-Expected US Inflation

Data revealed that US consumer prices hardly increased in November.  Markets are also keeping a close eye on the global economy. Investors will focus on Jerome Powell’s press conference after the FOMC meeting. Equities rallied on Wednesday, bonds were strong, and the US dollar was nursing losses. The enthusiasm that inflation has peaked and interest Read More…

Fundamental Analysis

Equities Choppy as Investors Anxiously Await US Inflation Data

There are worries about a rise in COVID-19 infections in China following the reopening. Core US CPI inflation is expected to decrease from 6.3% to 6.1%. At the Fed’s final meeting of 2022 on Wednesday, rates are projected to rise by 50 basis points. Following early gains on Tuesday, equities fell as investors awaited US Read More…

Fundamental Analysis

Currency Futures Edge Lower After US PPI Beats Forecasts

US producer prices increased more than anticipated last month. Markets are awaiting several important central bank meetings and releasing the latest US inflation figures. The BoE and the European Central Bank are expected to announce 50 bp rate increases. Currency futures fell as the dollar increased on Monday after data on Friday revealed that US Read More…

gold technical analysis
Fundamental Analysis

Gold Prices Remain Flat Ahead of Key US Inflation Data

There is a 93% probability of a 50bps Fed rate hike next week. Initial jobless claims in the US went up slightly last week. The US economy could experience a brief and modest recession next year. Gold prices were mostly unchanged on Friday as wary investors kept an eye on important US inflation data and Read More…

crude oil technical analysis
Fundamental Analysis

Oil Prices Rebound After Giving Up 2022 Gains

On Wednesday, Oil fell to its lowest level of the year. US crude output increased last week, reaching 12.2 million barrels per day, its highest level since August. US gasoline stocks increased by 5.3 million barrels over the week to reach 219.1 million. After falling to their lowest point this year in the previous session, Read More…

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…