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 Rebound on Improved Risk Sentiment, Lowered Rate Hike Expectations

US equities recovered on Tuesday as expectations for the size of the Fed’s next hike were lowered by inflation data that was largely on target. Risk sentiment also improved due to reducing concerns about contagion in the banking sector. After several days of risk-off instability brought on by the aftermath of the collapse of Silicon Read More…

Fundamental Analysis

Equities Plunge Amid a Deepening Banking Crisis

US equities were down on Monday due to falling bank shares as investors feared a ripple effect from the Silicon Valley Bank collapse. However, trading was choppy, and the Nasdaq composite closed higher as some sectors benefited from expectations that the Federal Reserve would scale back its interest rate increases. Investors were concerned about dangers Read More…

Fundamental Analysis

Dollar Declines Amid Signs of a Softening Labor Market

Currency futures climbed on Friday as the dollar was hurt by signs of a softening US labor market. The United States February labor figures showed weaker wage growth, enhancing the chance that the Federal Reserve may restrict rate hikes to a minimum. The US economy created more jobs than expected in February. However, slower pay Read More…

Fundamental Analysis

Gold Ends Sharply Higher as Treasury Yields Dip

On Thursday, gold prices surged as Treasury yields fell due to indications that the Federal Reserve’s restrictive policy is starting to take effect as intended. Investors were also preparing for Friday’s highly anticipated release of the Labor Department’s February jobs report. The dollar fell from a nearly three-month high, gold increased, and benchmark US Treasury Read More…

crude oil technical analysis
Fundamental Analysis

Oil Declines as Rate Hike Fears Overshadow Decline in Crude Inventories

Wednesday saw a decline in oil prices due to concerns over the impact of more aggressive interest rate increases on the US economy and oil demand. The concerns overshadowed a larger-than-expected drop in US crude inventories. Tuesday saw a decline in oil of more than 3% following remarks made by Jerome Powell, the chairman of Read More…

Fundamental Analysis

Investors Dump Risk Assets After Powell’s Hawkish Remarks

US equities ended Tuesday considerably lower after Federal Reserve Chair Jerome Powell informed Congress that the central bank would probably need to raise interest rates more than initially anticipated. Powell warned US lawmakers that the Fed is prepared to raise rates in more significant increments, sending stock investors running for safety. Future economic data might Read More…

Fundamental Analysis

Equities Close Flat as Investors Await Powell’s Speech

Investors are awaiting this week’s hearing of Federal Reserve Chair Jerome Powell. Investors will be watching for clues about the Fed’s trajectory for rate increases. European Central Bank officials defended the necessity for additional interest rate increases. US equities showed minimal movement on Monday, finishing barely above their session lows. Investors were preparing for this Read More…

Fundamental Analysis

Currency Futures Rise on Dollar Weakness, Rate Hike Expectations

Investors are anticipating Federal Reserve Chair Jerome Powell’s testimony. The ECB has promised to deliver a 50bps rate hike on March 16. The Bank of Canada will maintain its benchmark interest rate at 4.50%. Currency futures rose on Friday amid dollar weakness. For the first time since January, the dollar index, which compares the dollar’s Read More…

Fundamental Analysis

Gold Set for Best Week Since Mid-January Despite Positive US Data

The dollar index is expected to post its first weekly decline since January. The number of Americans making new unemployment claims dropped once more last week.  Investors were betting on increased physical demand from China, the largest bullion consumer. Gold is set to post its most significant weekly increase since mid-January as the US dollar Read More…

crude oil technical analysis
Fundamental Analysis

Oil Manages Modest Gains as Oversupply Worries Overshadow China Optimism

US crude stockpiles went up by 1.2 million barrels last week. US oil exports surged to a record high of 5.6 million barrels a day last week. China’s factory activity rose in February at its strongest rate in over a decade. The price of crude oil rose slightly Wednesday as evidence of sufficient supply, such Read More…