Blowout jobs data prices back in more rate hikes
Stronger than expected ISM services and US jobs data led to an aggressive bear flattening that took US 2s10s to new cycle lows close to -0.5
Search
Imran Lakha
- 6 days ago
- 3 min
Sentiment improving as ETH merge draws closer
With risk assets holding their ground after the strong non-farms print last week and better ISM data, crypto markets have stayed firm.
69 views0 comments
Imran Lakha
- Aug 5
- 1 min
Q3 ROUNDTABLE - Is The Bottom In Yet?
After an incredible Q2 Roundtable that sounded the alarm on risk assets back in April, we are back with a start studded line up.
96 views0 comments
Imran Lakha
- Aug 4
- 3 min
Stocks squeeze as FOMC drops forward guidance
The main events last week were mega-cap tech earnings and FOMC which delivered the highly anticipated 75bps rate hike. Markets had been anti
62 views0 comments
Imran Lakha
- Aug 4
- 3 min
ETH options flow explodes
BTC rallied to test 24k again after FOMC in line with the risk asset move higher but has since rejected the resistance and is back in the
121 views0 comments
Imran Lakha
- Jul 29
- 4 min
Bonds rally as dollar pauses ahead of FOMC
Stocks and bonds both rallied last week with Asia (ex-China) leading the way on vol adjusted basis, followed by Europe which had a relief ra
41 views0 comments
Imran Lakha
- Jul 28
- 3 min
Rally fades and vols trade firm ahead of FED hike
BTC pulled back from recent highs of around 24k last week. Nervousness ahead
of FOMC, a huge expiry this Friday, poor macro data and no
121 views0 comments
Imran Lakha
- Jul 21
- 3 min
ETH merge expectations trigger rally
The relative strength that crypto markets were showing last week versus stocks was a
signal that things were turning in the short term. We
115 views0 comments
Imran Lakha
- Jul 20
- 3 min
Earnings kick off and geopolitics heats up
The dollar continued to grind higher most of last week but has since pulled back as EUR bounced after briefly breaking below parity.
79 views0 comments
Imran Lakha
- Jul 15
- 4 min
Yields back up ahead of CPI as gold crumbles and dollar climbs
Tech stocks continued their rally last week as better PMIs and jobs data provided some optimism around a potential soft landing. Credit spre
90 views0 comments
Imran Lakha
- Jul 14
- 3 min
Downtrend resumes as hedgers return ahead of CPI data
We flagged in last Friday’s crypto vol dashboard rundown that the last little pop in BTC spot looked like a textbook C-wave in a 4th wave..
92 views0 comments
Imran Lakha
- Jul 8
- 4 min
Bonds yields and commodities collapse on recession fears
Bonds caught a bid last week as economic data came in weak signalling a much higher chance of a recession.
Stocks resumed the sell-off as
69 views0 comments
Imran Lakha
- Jul 7
- 3 min
Credit crisis fallout caps upside
After posting it’s second worst quarterly performance ever, BTC remains in the doldrums and struggles to catch any kind of bid even when
82 views0 comments
Imran Lakha
- Jul 1
- 3 min
Stocks rally into quarter end as FED terminal rate drops
Stocks had a strong rebound as suspected with June OPEX out of the way and some support coming from Quarter-end rebalancing flows and a shif
98 views0 comments
Imran Lakha
- Jun 30
- 3 min
Lender bailouts provide some relief but rally remains elusive
Despite a feeling across crypto markets that things are starting to heal from the liquidation panic, there still seem to be an overhang.
80 views0 comments
Imran Lakha
- Jun 24
- 4 min
FED 75 BP hike and OPEX weigh stocks down
Rates across DM following on from recent US yield curve shifts, with Sweden, NZ and Aus all having 3 sigma moves in the wake of FOMC deliver
83 views0 comments
Imran Lakha
- Jun 23
- 3 min
Weekend liquidation takes BTC below 18K
Over the weekend, we saw what looked and felt like a capitulation move, that took BTC to a level below 18k. Since then, we have staged a st
130 views0 comments
Imran Lakha
- Jun 17
- 4 min
Inflation fears hit stocks as yields reprice higher
Another huge move in rates led by US front end, with 2Y US yields up 45bps in 2 days following hawkish ECB, RBA and hotter CPI inflation.
70 views0 comments
Imran Lakha
- Jun 16
- 3 min
Vol explodes as bear market worsens
My base case scenario of a breakdown towards 20k in BTC is in progress. There have been a couple of catalysts to help accelerate this move.
147 views0 comments
Imran Lakha
- Jun 10
- 3 min
Dollar bounces as FED walks back September pause narrative
Big rates moves were the driver again last week. BoC hiked 50bps, European CPIs came out hotter than expected causing a large sell-off in yi
68 views0 comments