Multiple Forecasts: Projections on Trump's Tariffs, Canadian Elections, Potential New Pope, and More Topics
Fast Facts: Today's Global Events on Prediction Markets
This week, the prediction market, Myriad, is buzzing with activity and speculation on several hot topics. Let's dive into the latest odds and insights on these intriguing markets.
(Important Note: Myriad Markets is a product of Decrypt's parent company, DASTAN.)
Will Carney Win the Canadian Election?
Market Opened: April 7Closes: April 28Volume: $39.6K
As Canada prepares for its general election, Bitcoin critic Mark Carney, representing the Liberal Party, seems to have the upper hand according to Myriad users, who believe his chances have increased by 10% this week. Carney's odds now stand at 82.4%, while those for the incumbent and Bitcoin proponent Pierre Poilievre have dropped to just 15% on prediction markets.
Next Pope: Who Will Take the Throne?
Market Opened: April 21Closes: May 19Volume: $8.38K
Following the death of Pope Francis, bettors have been quick to place their wagers on the next leader of the Catholic Church. Current odds favor "Other" at 48.2%, with potential contenders like Cardinal Pietro Parolin (29.2%) and Luis Antonio Tagle (22.2%) currently trailing. The conclave, where cardinals elect a new Pope, is expected to take place between May 6-11.
U.S.-China Trade Deal: By when?
Market Opened: April 15Predictions Close: June 13Volume: $14.7K
Trade tensions between the U.S. and China continue to cause volatility in global markets-including prediction markets. Myriad users debate whether these two powers will reach a deal prior to Chinese President Xi's 72nd birthday on June 15. While odds were as high as 55% in favor of a deal, they have since dropped to 62.4%.
Rate Cuts by the Fed: A Possibility?
Market Open: April 11Predictions Close: May 5Volume: $19K
Despite pressure from President Trump, Myriad users remain skeptical about the Federal Reserve applying rate cuts by May 8. As of now, the odds stand at 84.2%, a 5.3% increase since the market opened, signaling a potential inconsistency between the President's demands and the central bank's actions.
Stay tuned for the latest updates on these dynamic global events as they unfold on Myriad!
Written by Andrew HaywardLast updated: April 24, 2025*
References:[1] Canada's Candidate Carney: A Formidable Front-runner for the Federal Election[2] Liberal Party Leader Carney Surges Ahead in Canadian Election Odds[3] Trudeau Resigns: Carney Poised to Take Over as Canadian Prime Minister[4] Myriad Markets: A Comprehensive Analysis of the Prediction Market Platform[5] Predicting the 2025 Papal Election on Myriad Markets[6] US-China Trade Deal Remains Elusive: Myriad Markets Predictions[7] Federal Reserve Rate Cuts: Myriad Markets Users Remain Cautious
- In the crypto market, the likeliness of Mark Carney winning the Canadian election has increased by 10%, according to Myriad users, making him a formidable front-runner for the federal election.
- The prediction market, Myriad, is abuzz with wagers on who will become the next Pope, with odds currently favoring "Other" at 48.2%.
- While the U.S.-China trade deal may have seemed promising, Myriad users now give a 62.4% chance that the two powers will not reach an agreement before Chinese President Xi's 72nd birthday.
- Despite pressure from President Trump, the Federal Reserve's application of rate cuts by May 8 remains a uncertain prospect, with odds standing at 84.2%.
- In the world of politics and general-news, Myriad Markets is a popular platform for speculating on the likelihood of events, such as the Canadian election and the next Pope.
- Myriad's analysis reveals that the odds for Carney to become the Canadian Prime Minister have significantly improved, following Trudeau's resignation.
- In the crypto space, the market's volume on Myriad has seen a surge, as users anticipate the outcomes of various global events, including the U.S.-China trade deal and the Papal election.
- Reuters references Myriad Markets' predictions for insights on dynamic global events, such as the Canadian election, the Papal election, and the U.S.-China trade deal, proving their relevance in the realm of finance, business, entertainment, and politics.
