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ECB Puts Europe Back on the Rate-Hike Treadmill
Moby10d agoneutral
ECB Puts Europe Back on the Rate-Hike Treadmill

The central bank lifted rates another 25 basis points as the Middle East energy shock keeps inflation elevated, forcing European markets to rethink how high borrowing costs may have to go.

Kalshi Looks to Expand a Rapidly Growing Universe of Risky Trading
The Wall Street Journal11d agoneutral
Kalshi Looks to Expand a Rapidly Growing Universe of Risky Trading

A risky type of trade that has exploded in popularity overseas this year is poised to become more mainstream in the U.S. Prediction markets platform Kalshi is planning to seek regulatory approval to start offering the country’s first regulated perpetual futures tied to single stocks including Tesla Apple and Nvidia according to people familiar with the matter. The contracts—known as perps—let traders bet around the clock and pile on leverage that amplifies their potential gains and losses, with the lack of expiration date further heightening the risks.