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Kalshi Unveils Professional Trading Terminal As Prediction Markets Chase Institutional Traders
Kalshi has launched a professional-grade trading workstation that signals the company’s ambitions to evolve beyond its retail roots and compete directly with established exchanges and professional trading platforms. The new desktop platform, called Kalshi Pro, introduces advanced order management, multi-market trading, professional charting and perpetual futures trading to the CFTC-regulated prediction market operator. More significantly, it reflects the rapid institutionalisation of prediction markets, which are increasingly adopting the infrastructure, tools and market structure traditionally associated with ... (full story)
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The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.4 percent on a seasonally adjusted basis in June after rising 0.5 percent in May, the U.S. Bureau of Labor Statistics reported today. This decline in the all items index was the largest 1-month decrease since April 2020 when it fell 0.8 percent. Over the last 12 months, the all items index increased 3.5 percent before seasonal adjustment. The index for energy fell 5.7 percent in June after rising 3.9 percent in May, 3.8 percent in April, and 10.9 percent in March. The energy index was the largest contributor to the monthly all items decrease, more than offsetting increases in other indexes including those for shelter and food. The index for food increased 0.2 percent over the month, as did the index for food at home and the index for food away from home. The index for all items less food and energy was unchanged in June. Indexes that decreased over the month include motor vehicle insurance, communication, apparel, medical care, and used cars and trucks. Conversely, the indexes for recreation, household furnishings and operations, and personal care were among the major indexes that increased in June. The all items index rose 3.5 percent for the 12 months ending June after rising 4.2 percent for the 12 months ending May. The all items less food and energy index
Consumer prices rose 3.5% annually in June, less than expected as energy prices eased Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this years inflation surge, the Bureau of Labor Statistics reported Tuesday. The consumer price index, a broad measure of costs for goods and services across the U.S. economy, was lower than expected across the board. CPI fell a seasonally adjusted 0.4% for the month, bringing the annual inflation rate down to 3.5%. Economists surveyed by Dow Jones had been looking for a drop of 0.2% and an inflation rate of 3.8%, following the 4.2% reading in May. The monthly drop in headline inflation was the biggest since April 2020. Core CPI *declined* in June, falling -0.02% and reducing the 12-month rate to 2.6%. Headline CPI also fell, and by a larger-than-expected -0.42%, lowering the 12-month rate to 3.5%. pic.twitter.com/m2o2xGLFvd
Gold and Bitcoin account for around 70% of all demo trades placed by new users on TradeLocker, while the two most traded forex pairs, EUR/USD and GBP/USD, represent less than 7% combined, according to new data released by the trading platform. The figures are based on activity from more than 100,000 users who have signed up for TradeLocker Demo since the ...