Kalshi enters sports insurance, challenging how teams hedge risk
Kalshi is moving into the sports insurance sector through a partnership with specialist broker Game Point Capital, signalling a shift in how insurers
Oil
Oil
US inflation eases more than expected to 2.4%; Fed seen staying on hold
US consumer price inflation eased more than expected in January, offering markets some relief, but signs of firm underlying price pressures, along with
Bitcoin
Commodity wrap: gold and silver end volatile week with small gains; oil rises
A volatile week for precious metals is ending on a slightly positive note, with gold and silver logging small gains. Simmering geopolitical tensions
Bitcoin
Oil finds short-term support as oversupply eases, bearish risks linger
The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The
Bitcoin
Indian refiners buy 2M barrels of Venezuelan Merey crude: report
Indian state refiners Indian Oil Corp and Hindustan Petroleum Corp have purchased a combined 2 million barrels of Merey crude from Venezuela, with
Bitcoin
Commodity wrap: gold back above $5,000/oz, oil reverses losses
Gold prices reclaimed the $5,000 per ounce mark on Monday as the dollar slipped against a basket of major currencies. Silver prices also
Bitcoin
Commodity wrap: bullion falls ahead of key data; oil up on supply disruptions fear
Gold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of
Bitcoin
India nudges refiners to buy more US, Venezuelan crude after trade deal
India has asked its state-owned refiners to consider increasing purchases of US and Venezuelan crude oil following a trade agreement that the Trump
Bitcoin
Commodity wrap: gold, oil, base metals surge on dollar weakness, supply risks
Gold prices rose more than 1% on Wednesday as a weaker dollar and falling bond yields boosted sentiment. Gold prices climbed back over
Bitcoin
Positive US jobs data boosts oil demand prospects despite inventory buildup
Concerns over potential supply disruptions, stemming from escalating tensions between the US and Iran and the risk of attacks on Tehran or shipping,