28 Aug 2026, 10:36 UTC≈1,600 views8 reactionsread 2 September 2026 QCP Market Colour, 28 August 2026
$BTC heads into Jackson Hole around 80k, but tonight’s focus extends beyond whether Fed Chair Warsh sounds relatively hawkish or dovish.
July PCE showed headline inflation at 3.7% YoY and core at 3.3%, leaving inflation above the Fed’s objective. At the same time, July’s 9–3 FOMC vote revealed a meaningful split, with three policymakers preferring a 25bp hike. Markets currently ass…
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27 Aug 2026, 03:45 UTC≈1,810 views7 reactionsread 2 September 2026 File
QCP Macro Themes - 27 August 2026
The Fed’s 9–3 hold marked its first triple-hawkish dissent since September 2016. The minutes and support from two non-voters suggest the hawkish bloc is broader than the tally, with further tightening possible if inflation stalls.
Treasury doubled long-end buybacks from $2bn to $4bn per operation and increased them from two to four per quarter. Yields fell, but each operation repre…
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24 Aug 2026, 09:56 UTC≈2,190 views7 reactionsread 2 September 2026 QCP Market Colour, 24 August 2026
$BTC recorded its strongest week since March 2024, briefly reaching approximately 79.5k after gaining more than 20%.
The move coincided with a sharp shift in rates. After the US 30-year Treasury yield approached 5.3%, its highest since 2007, Treasury announced that long-end liquidity-support buybacks would increase from a maximum of $2bn to at least $4bn per operation from 9 Septem…
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21 Aug 2026, 10:24 UTC≈2,340 views5 reactionsread 2 September 2026 QCP Market Colour, 21 August 2026
Duration is back at the centre of the crypto conversation.
$BTC has moved from roughly 64k to towards 76k in four sessions, with the breakout coinciding with a sharp shift in long-end rates. After the US 30-year Treasury yield reached around 5.33%, its highest since 2007, Treasury announced that long-end liquidity-support buybacks would increase from a maximum of $2bn to at least $…
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19 Aug 2026, 10:04 UTC≈2,260 views5 reactionsread 2 September 2026 File
QCP Macro Themes - 19 August 2026
China’s crude imports rebounded 22% MoM to 8.41 mb/d in July as Hormuz partially reopened and supply shifted toward Russia and pipelines, but volumes remain 24% below last year. Inventories have also fallen from 1.40bn barrels in December to 1.20bn in July.
The drawdown is accelerating, with stocks down ~940k b/d, including a 41mb drop in June. Hormuz flows also remain fragile afte…
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17 Aug 2026, 10:45 UTC≈2,470 views7 reactionsread 2 September 2026 QCP Market Colour, 17 August 2026
BTC remains near the lower end of its recent range as softer US growth data compete with persistently elevated energy prices.
Friday's data showed preliminary consumer sentiment falling to 51.0, while July retail sales declined 0.6%, their largest monthly drop in more than a year. Together with softer labour data, that has helped bring the market-implied probability of a September …
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14 Aug 2026, 11:04 UTC≈2,510 views6 reactionsread 2 September 2026 QCP Market Colour, 14 August 2026
BTC has moved back towards 63k, returning to the lower end of its recent range despite a softer US inflation backdrop. July CPI eased to 3.4% YoY, core inflation moderated to 2.5%, and PPI was flat on the month — but crypto's response has remained muted.
That leaves the theme from last week largely intact: resilience without momentum. BTC has continued to absorb a weaker labour mar…
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12 Aug 2026, 12:04 UTC≈2,450 views5 reactionsread 2 September 2026 File
QCP Macro Themes - 12 August 2026
The Fed held rates at 3.50%–3.75% for a fifth consecutive meeting, but the 9–3 vote revealed its deepest split since September 2016. Three dissenters argued that persistent inflation and a resilient labour market warranted earlier action, while reduced forward guidance has made each meeting harder to price.
Markets still assign a 57% chance of a September rate cut, even as the 30-y…
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7 Aug 2026, 10:51 UTC≈2,980 views6 reactionsread 2 September 2026 QCP Market Colour, 7 August 2026
BTC has recovered from around 62.5k at the start of the week to trade back near 64k. The move stands out less for its momentum than for what the market has absorbed: Strategy sold 1,638 BTC for approximately $105m, while reported losses from the Coldcard security incident have risen to around $110m. Neither event resulted in a sustained break lower.
Options markets reflect a similar…
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5 Aug 2026, 12:04 UTC≈2,590 views7 reactionsread 2 September 2026 File
QCP Macro Themes - 5 August 2026
The Fed held rates at 3.50%–3.75% for a fifth consecutive meeting, but the 9–3 vote revealed its deepest split since September 2016. Three dissenters argued that persistent inflation and a resilient labour market warranted earlier action, while reduced forward guidance has made each meeting harder to price.
Markets are still assigning a 57% chance of a September rate cut, even as th…
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3 Aug 2026, 10:24 UTC≈2,680 views13 reactionsread 2 September 2026 QCP Market Colour, 3 August 2026
The US has joined Japan in a rare coordinated effort to support the yen, with the New York Fed purchasing yen on behalf of the US Treasury during Friday’s operation. It was the first coordinated US–Japan FX intervention since 2011 and the first joint operation specifically supporting the yen since 1998.
The timing puts the long end of the Treasury curve firmly in focus. The 30-year …
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31 Jul 2026, 09:59 UTC≈2,680 views3 reactionsread 2 September 2026 QCP Market Colour, 31 July 2026
The Fed held rates at 3.50%–3.75%, but three dissents in favour of a hike and Chair Warsh’s move away from explicit forward guidance gave the decision a hawkish tone. Markets initially responded by reassessing the path for rates. US equities sold off following the announcement before rebounding as earnings returned to the foreground, led by a sharp rally in Microsoft. BTC also moved l…
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Showing the 12 most recent of 29 posts we hold for @QCPbroadcast. View and reaction counts are the latest single reading for each post, not a live figure, and a recent post is still accumulating both. A view count marked ≈ was rounded by Telegram before we ever saw it — t.me prints views in full below 1,000 and to three significant figures above, so ≈1,200,000 means somewhere between 1,150,000 and 1,249,999. Unmarked counts are exact. Text is reproduced from the public post preview and truncated for length.