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 Heading for a Third Week of Gains, Eying US NFP Report

Higher-than-expected employment gains may put pressure on Gold. James Bullard suggested that 2023 might eventually usher in some inflation relief. The number of Americans submitting new claims for unemployment benefits decreased to a three-month low last week. Gold prices pulled back slightly on Friday but were on course for a third consecutive weekly rise. Investors Read More…

Fundamental Analysis

Asian Equities Follow Wall Street’s Tech Decline

Following Wall Street’s post-holiday slump, Asian equities were mostly lower on Wednesday as investors count down to the end of a tough year. After easing its strict “zero-COVID” policy, the Chinese government boosted stocks in Hong Kong, Tokyo, Shanghai, and Seoul after taking further steps to resume overseas travel. The Chinese government announced a key Read More…

Fundamental Analysis

Gold Attempts a Recovery After Collapsing on Positive US Data

Investors are growing more worried that a recession will occur in 2023. Initial claims for unemployment benefits increased by 2,000 in the US. US gross domestic product expanded at an annualized rate of 3.2% last quarter. Gold prices recovered slightly on Friday after a big collapse. Robust economic figures fanned concerns that the Federal Reserve’s Read More…