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 Faces First Weekly Decline in Nearly Two Months

The US dollar increased by 0.1%, restraining gold prices. Gold prices have increased by about $300 since November on expectations of more gradual rate hikes. Investors look forward to the monthly US non-farm payroll data due later today. After a significant sell-off in the previous session, gold prices stabilized on Friday as traders processed central Read More…

crude oil technical analysis
Fundamental Analysis

Oil Prices Struggling Despite Weak Dollar & Improved Risk Appetite

A weaker dollar revived interest in risky investments. The Fed increased its target interest rate by 25bps. OPEC+ maintained the production cuts agreed upon last year. Oil continued its bearish momentum despite positive market sentiment on Thursday. However, the OPEC+ decision to extend an output cut allayed concerns about oversupply. Oil prices dropped more than Read More…

Fundamental Analysis

Equities Markets Remain Steady Amid Decreased US Wages

Investors hope the Federal Reserve may signal an end to interest rate hikes. The US employment cost index showed its weakest increase in a year. There was a significant slowdown in US house price increases in November. On Wednesday, equity markets held steady as evidence of a slowdown in US wages raised optimism that the Read More…

Fundamental Analysis

Investors Remain Cautious Ahead of Central Bank Meetings

Investors expect the Fed to increase interest rates by 25 basis points. This week will also see the release of highly anticipated US employment figures. China’s economic activity resumed expanding in January. Equities inched lower on Tuesday as investors readied themselves for a busy week featuring central bank meetings, a flurry of corporate announcements, and Read More…

Fundamental Analysis

Currency Futures Muted Ahead of Central Bank Meetings

Market movements remained muted ahead of several central bank meetings. Market observers predict the Fed will raise rates by 25 basis points. Core consumer prices in the capital of Japan increased by 4.3% in January. On Monday, currency futures pulled back as the dollar recovered from an eight-month low ahead of a flurry of central Read More…

Fundamental Analysis

Gold Prices Pull Back Ahead of US Inflation Data

The US economy expanded more quickly than economists had predicted in Q4. Most analysts anticipate a small US recession by the second half of 2023. Initial jobless claims for state benefits in the US decreased by 6,000. Gold prices fell on Friday, while the dollar rose as investors awaited US inflation data later in the Read More…

crude oil technical analysis
Fundamental Analysis

Oil Holds Steady Ahead of OPEC+ Meeting & EU Embargo

The market awaits more clarification on the impending EU embargo on Russian products. Data revealed a less-than-anticipated increase in US crude stocks. Economists expect the global economy to grow by just 2% this year. Following a smaller-than-expected increase in US crude stocks, oil prices held steady on Thursday as investors await more information on supply-side Read More…

Fundamental Analysis

Currency Futures Broadly Ranging Amid Mixed Sentiment

Currency futures prices are ranging across the board today, except for the Australian dollar, which reached a five-month high following higher-than-expected consumer inflation in the fourth quarter. At the same time, other Asian currencies were weak as fears of a global recession tempered optimism about a possible Chinese economic recovery. Australian dollars rose nearly 1% Read More…