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

Crude Oil (CL) Futures Prices Lose Ground on Renewed Demand Worries

Markets anticipate a drop in oil demand owing to China’s rise in COVID-19 cases. Oil demand in the US fell last week after data showed an increase in inventories by about 7.1 million barrels. The US dollar is edging higher after higher-than-expected PPI data. On Thursday, crude oil (CL) futures prices struggled to regain footing Read More…

Fundamental Analysis

E-mini Nasdaq-100 (NQ) Futures: UK Bond Market Turmoil to Spill Over

Investors are selling off UK government bonds ahead of BoE’s deadline. The war in Ukraine is escalating, causing a lot of worry in the markets. There are uncertainties over China’s economy as COVID-19 cases rise. E-mini Nasdaq-100 (NQ) futures edged lower as investors grappled with worries over the escalating Ukraine war and new COVID-19 cases Read More…

Fundamental Analysis

Risk-off Sentiment Hits Equities as Global Economy Faces Probable Recession

Investors brace up for high US inflation. A lot of uncertainties linger after Putin’s latest attack on Ukraine. Investors scramble for safety amid recession worries. The prices of major equity indexes, including the E-mini S&P 500 (ES) futures, fell on Tuesday as investors scrambled for safety in the US dollar amid global tensions. Futures lost Read More…

Fundamental Analysis

Canadian Dollar (6C) Futures Price Edging Lower on Tepid Employment, Oil Demand Worries

Employment change in Canada failed to make up for previous losses. Markets expect the BoC to raise rates by 50bps at the next meeting. Oil prices are falling on demand worries as China’s economy deteriorates. Canadian Dollar (6C) futures prices are falling after the Canadian economy created jobs in September but did nothing to make Read More…

Fundamental Analysis

Gold (GC) Futures Forecast: Gold Gaining Ground on Poor US Labor Market Data

Initial jobless claims in the US exceed expectations pointing to a cooling labor market. Economists expect the US labor market to deteriorate amid higher interest rates. The Fed will only pause when the labor market cools significantly. Gold (GC) Futures prices continue to rise steadily following the disappointment in recent labor market data. The number Read More…

Fundamental Analysis Market Overview

Crude Oil (CL) Futures Prices Soar on Tight Supply After OPEC+ Agreement

OPEC+ agreed to cut supplies by nearly 2 million bpd. The Joe Biden administration criticized the OPEC+ agreement as “shortsighted.” US crude oil inventories fell for the fourth week showing a rise in demand. Crude oil (CL) futures prices increased on Thursday for the fourth time this week. OPEC+ decided to significantly reduce the global Read More…

Fundamental Analysis

E-mini Nasdaq-100 (NQ) Futures: Slow-paced Interest Rates Hikes Possible?

Job vacancies in the US decreased in August. The RBA is the first central bank to slow its rate hikes. Markets are hoping the Fed will follow in the RBA’s path. the E-mini Nasdaq-100 (NQ) futures prices are climbing after softer US economic data and Australia’s smaller-than-expected interest rate hike sparked optimism for less aggressive Read More…

Fundamental Analysis

E-mini S&P 500 (ES) Futures: US Manufacturing Slows as Inflation Eases

Risk sentiment is improving as US treasury yields fall. Manufacturing activity in the US grew slowly, pointing to reduced demand. Higher interest rates are discouraging consumers from spending in the manufacturing sector. E-mini S&P 500 futures prices increased by about 2% on Monday as US Treasury yields fell due to weaker-than-expected manufacturing data, boosting the Read More…

Fundamental Analysis

Euro (6E) Futures: Double-digit Eurozone Inflation Puts Pressure on ECB

Eurozone inflation came in higher than expected at 10.0% in September. ECB policymakers have been drumming up support for a 75bps rate hike. The euro’s decline against the dollar is increasing imported inflation. Euro (6E) futures prices rose after Friday’s inflation reading. Inflation in the eurozone soared beyond forecasts in September to reach 10.0%, a Read More…

Fundamental Analysis

E-mini Nasdaq-100 (NQ) Futures: Fed Remains Unfazed Amid Global Market Turmoil

There are still uncertainties regarding the UK’s new fiscal policy. The US economy is still showing strength after a drop in jobless claims. The Fed will not pause anytime soon despite global market tensions. Investors added to the E-mini Nasdaq-100 (NQ) futures selling cycle as the dollar’s grip on the currency markets hardly relaxed, recession Read More…