The Proposed Rules for Kalshi and Polymarket Are Backward
The CFTC's proposal for provisional prediction market contracts swaps clear standards for subjective "public interest" reviews, undermining the markets' ability to aggregate dispersed information.
When Hormuz Reopens, the Oil Shock May Not Be Over
A peace deal can reopen Hormuz, but fuel markets, refinery bottlenecks and demand will take longer to normalize.
BOJ Lifts Rates to 1%: The End of Japan’s Ultra-Low-Rate Era?
The Bank of Japan has raised its policy rate to around 1.0%, with the decision approved by a 7–1 majority. The complementary deposit facility rate will also rise to 1.0%, while the basic loan rate increases to 1.25%. The new guideline takes effect from June 17,
Trader Loses $1 Million on Cabo Verde’s Stunning World Cup Tie
Prediction markets expose users to massive losses on seemingly certain bets, as highlighted by a near-$1 million loss on Cabo Verde's stunning World Cup draw.
The Iran deal came just in time as Strategic Petroleum Reserve hits lowest level since 1983
U.S. Strategic Petroleum Reserve stocks have fallen to a 40-year low following massive releases to counter Iran war disruptions, heightening risks of a price spike.
Polymarket Traders Clash Over $345 Million Iran Peace Market
Prediction markets struggle to resolve bets on ambiguous real-world events, exposing vulnerabilities in decentralized dispute mechanisms like UMA.
Strait of Hormuz traffic to return to normal as soon as August, Kalshi traders speculate
Prediction markets show surging odds for Strait of Hormuz traffic normalization after Trump's Iran deal announcement, despite lingering uncertainties.
Kalshi Builds AI Agent to Stress-Test Prediction Market Bets
Kalshi uses an internal AI agent to manage complex prediction market contract wording, reflecting a trend of startups automating high-stakes tasks.
Emmy Predictions via Feinberg Forecast: Updated Standings With One Week of Nominations Voting Remaining
The Hollywood Reporter's executive editor of awards coverage offers his latest assessment of 14 categories.
Yen Short Bets Jump to Nine-Year High as Carry Trade Revives
Speculators are betting heavily against the yen, reviving the carry trade as a persistent interest rate gap with the US makes intervention risks seem manageable.
Reprint: The Latest EU Monetary Policy Decisions
ECB Raises Rates Again as Middle East War Rewrites Europe’s Inflation Outlook Brief Analysis The European Central Bank raised its three key interest rates by 25 basis points on 11 June 2026, saying the war in the Middle East is generating new inflation pressure and creating uncertainty around the
2026 Midterms: Is Polymarket Underpricing a Democratic Sweep?
A look at Polymarket’s 2026 midterm odds, the Democratic sweep market, and whether traders are underpricing Senate risk in a broader anti-GOP backlash.