Naeem Aslam
Naeem Aslam
Naeem is an award winning analyst (i.e Irish Brokers Young Award in October 2010 etc.). His ability to proactively take advantage of various market trends is what made us at AvaTrade falling in love with him which led us to working together. A highly motivated individual that possesses strong analytical, numerical and interpersonal skills and has the ability to communicate his insights at a senior level. Some of Naeem's Specialties: Investments, Portfolio Management, Client services , compliance and regulations, Equity and Bond market.
February 22, 2021

European Stocks Set To Open Lower; Boris Johnson’s Plan In Focus

European Stocks Set To Open Lower; Boris Johnson’s Plan In Focus

European and US futures are trading lower as there are some concerns among investors that inflation could be getting out of control. Traders believe that if the sharp rise in inflation is not addressed, higher prices may actually hurt the economic recovery. The rise in inflation is primarily due to the two main factors: loose…

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February 19, 2021

Bitcoin Passes $54K, Giving it a $1 Trillion Value

Bitcoin is taking no prisoners. The flagship cryptocurrency has now passed a major milestone of $54k, effectively making it the first ever crypto unicorn, with a value of $1 trillion. After gaining over 300% in 2020, Bitcoin’s price is still ascending at an incredible rate. Bitcoin is currently at $53,705, up almost 3% in the…

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February 19, 2021

Stock Futures Trade Lower Despite Yellen’s Assurance

Stock Futures Trade Lower Despite Yellen’s Assurance

The European and US stock futures are trading lower on the final day of the week. This is despite the fact that the market players have had an assurance that their addiction is likely to be fulfilled, by way of another stimulus package hit. Remember, the main reason that we have seen so much strong…

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February 18, 2021

European Futures Trade Lower, Gold Likely To Bounce Back Up

European Futures Trade Lower, Gold Likely To Bounce Back Up

European stock futures are trading lower for another day as traders are picking up the momentum from Wall Street. Traders are also concerned about the extension of the coronavirus lockdown in the biggest economy of the eurozone, Germany. It seems like traders have stopped being overly optimistic about the economic numbers. This is because we…

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February 17, 2021

UK Inflation Data Jumped Higher, Bitcoin Back Above 50K

UK Inflation Data Jumped Higher, Bitcoin Back Above 50K

European and US stock futures are trading higher today. The Dow closed at a new record high yesterday; the index posted its eighth consecutive days of gains. The shares of Salesforce led the move for the 30 stock index. The S&P 500, meanwhile, declined 0.06%, while the Nasdaq Composite fell 0.34%. Apple was the main…

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February 16, 2021

European Stock Futures Surge, Sterling On Fire

European Stock Futures Surge, Sterling On Fire

European stock futures are continuing their upward trend, and investors are picking up the momentum from where they left off yesterday. Over in the UK, we saw the FTSE 100 index roaring to the upside as investors became a lot more optimistic about the vaccine progress–the country has achieved its vaccine target on time. Over…

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February 12, 2021

Stock Futures Trade Lower; Bitcoin On The Move

Stock Futures Trade Lower; Bitcoin On The Move

Stock futures are trading lower on the final trading day of the week. One of the main reasons that we see a bit of hesitancy among investors today is the arrival of the South African coronavirus variant in California. Altogether, there are four US States which have confirmed the new variant. The fact that the…

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February 11, 2021

Fed Sent A Dovish Message, Bitcoin Rally Fizzles

Fed Sent A Dovish Message, Bitcoin Rally Fizzles

Traders have taken one message from Fed Chairman Jerome Powell’s statement: the dovish monetary policy is here to stay. The fact that Jerome Powell is not ready to change the narrative on the monetary policy, even if the labour market starts to tighten up, sums everything up.  This particular message by the Fed drove the…

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February 10, 2021

Stock Futures Up; Twitter Beats On Revenue, Gold Price Trade Higher

Stock Futures Up; Twitter Beats On Revenue, Gold Price Trade Higher

Stock futures are trading higher as traders are ready to back riskier assets once again. Investors’ are considering yesterday’s pullback as an opportunity to buy stocks at a lower price.  The US stock market snapped its six-day rally yesterday. The Dow Jones Industrial Average slipped 0.03% or nearly 9.93 points to 31,375.83. This was the…

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February 9, 2021

Stock Futures Trade Flat; All Eyes On Bitcoin

Stock Futures Trade Flat; All Eyes On Bitcoin

European and US stock futures are trading unchanged today as traders still want to build on yesterday’s gains. February has been a good month for the European and US stock markets. The US stock indices have already recorded several record highs so far this month. The optimism in the market is very much driven by…

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February 8, 2021

Stock Futures Hit Record High

Stock Futures Hit Record High

Stock futures are trading higher as investors are feeling comfortable in terms of stimulus and monetary policy support. Janet Yellen, US Treasury Secretary, said that there is no reason for the US economy to suffer, hence it is essential that we pass another stimulus package to strengthen the economic recovery. Asian Markets  The Asian stock…

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February 5, 2021

Optimism Reaches Its Peak Level Ahead Of US NFP

Optimism Reaches Its Peak Level Ahead Of US NFP

European and US stock futures are trading higher on the final trading day of the week, and the US equity market is on track to record its best weekly in nearly three months. Volume in the market is likely to remain soft ahead of the US labour market report—the most important economic event of the…

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February 4, 2021

Stock Futures Trade Lower While Investors Eye BOE Meeting

Stock Futures Trade Lower While Investors Eye BOE Meeting

Equity markets have hit a roadblock today as investors struggle to push markets higher for the third consecutive day. Looking at yesterday’s price action, it became increasingly clear that there is some hesitancy among traders to commit to riskier bets. One of the reasons for this is that investors and traders usually do not like…

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February 3, 2021

Stock Futures Continue To Soar, Silver Steady After A Massive Sell-off

Stock Futures Continue To Soar, Silver Steady After A Massive Sell-off

European and US stocks soared yesterday, and they are set to extend their gains today. There is no doubt that there is strong demand for riskier assets, and risk-off derivatives have fallen out of love—for now. Looking at yesterday’s European GDP numbers, investors are clear that economic damage wasn’t as bad as they thought, especially…

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February 2, 2021

Stock Futures Continue To Move Higher; Silver and XRP Plunge

Stock Futures Continue To Move Higher; Silver and XRP Plunge

Stock futures are set to begin the day where they left off things yesterday. All the major stock indices are trading higher as investors continue to bag some bargain. GameStop stock got battered again yesterday, and the stock fell further 30% yesterday. In the after-hour market hours, the stock continued its downtrend. It seems like…

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January 29, 2021

Stock Market Breadth Loses Its Momentum

Stock Market Breadth Loses Its Momentum

The Stock market recovered its losses yesterday and we experienced a sharp bounce. However, traders have lost that confidence today and stock futures are trading lower once again. GameStop and AMC shares gained in aftermarket yesterday after Robinhood Markets Inc allowed traders once again to trade these shares. Asian Markets  The Asian stock market traded…

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January 28, 2021

GameStop Share Price Has An Important Message

GameStop Share Price Has An Important Message

European and US futures are trading lower as investors focus on one thing: how much damage is being done because of GameStop’s short squeeze. There is no doubt that fund managers had their biggest nightmare come true yesterday. Hedge funds are running for liquidity to save themselves from a major disaster. They are selling their…

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January 27, 2021

All Eyes On The Fed Meeting

All Eyes On The Fed Meeting

European and US stock futures are trading lower as investors are hesitant to place any bigger bets ahead of the most important event of the day—the Fed meeting. We are likely to see higher volatility in the dollar index, gold, and the US stock market.  It is pretty much given that no one is expecting…

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