Sunday, July 26, 2026GraphArchiveSubscribeDaily · No. 46

The Probable Times

What the world’s prediction markets expect — read as news

Markets Bet the Iran Ceasefire Holds — Odds Climb Into August

Traders pushed the odds of an Israel-Iran ceasefire lasting through July 31 to 84%, up 19 points in a day, while a broader Iran truce climbed across every horizon out to August 31. Elsewhere, the Fed's hawkish drift rolled into September and Lionel Messi's Ballon d'Or hopes kept fading.

Confidence in the Israel-Iran truce is compounding. Markets now price a ceasefire through July 31 at 84%, up 19 points on the day and 34 over the week, while a broader 'effective ceasefire' contract climbed at every horizon traders quoted — 40% for July 31, 52% for August 14, 60% for August 31, up 6 to 24 points across the curve. Iran-targets-shipping odds by July 25 collapsed to 3% as that deadline passed, but the July 31 version of the same contract jumped 36 points to 52% — not vanishing risk, just a later clock. Elsewhere, the Fed's hawkish drift rolled forward a month: September odds of a 25bp hike rose 18 points to 54% even as July's hike odds eased back 6 points to 20%. In markets far from macro, Lionel Messi's Ballon d'Or odds collapsed to just 4%, down 41 points in a week, as Harry Kane's rose to 43%. And NVIDIA reclaimed ground as the world's most valuable company, now 76%, up 24 points on the week.

Today’s biggest movesprobability shifts, volume-weighted
Culture

Will MrBeast's next video get less than 20 million views on day 1?

7.2% 96% 7d
$27,511 traded · 24h
Culture

Will MrBeast's next video get less than 40 million views on week 1?

3.7% 64% 7d
$16,639 traded · 24h
Geopolitics

Iran military action against a Gulf State on July 25?

63% 2.8% 7d
$7,215 traded · 24h
Geopolitics

Israel x Iran ceasefire continues through July 31?

50% 84% 7d
$427,625 traded · 24h
Sports

Will Lionel Messi win the 2026 Ballon d'Or?

45% 4.2% 7d
$16,674 traded · 24h
Sports

Will Jackson Koivun win the 2026 3M Open?

8.6% 53% 24h
$5,977 traded · 24h
Geopolitics

Will Trump meet with Netanyahu by July 31, 2026?

61% 95% 7d
$71,232 traded · 24h
Economy & Crypto

Will NVIDIA be the largest company in the world by market cap on July 31?

53% 76% 7d
$40,436 traded · 24h

Geopolitics

The Israel-Iran ceasefire is being priced as increasingly durable: the July 31 contract rose 19 points on the day to 84%, and every dated version through August 15 gained 18-20 points in 24 hours. A broader 'effective ceasefire' contract climbed in tandem, from 40% (July 31) to 60% (August 31), up 6-24 points across the curve. Iran full-airspace-closure odds fell 18-22 points at every horizon. A shipping-attack contract for July 25 expired near zero, but its July 31 counterpart jumped 36 points to 52%, redistributing rather than resolving the risk.

July 252.8%▼ 59 24hJuly 2412%▼ 47 24hJuly 267.5%▼ 43 24hJuly 2329%▼ 36 24h
July 2431%▲ 24 24hJuly 3140%▲ 22 24hAugust 1452%▲ 17 24hAugust 3160%▲ 6 24h
July 253%▼ 41 24hJuly 3152%▲ 36 24hJuly 242%▼ 1 24hJuly 3040%▼ 4 24h
July 3184%▲ 19 24hJuly 2989%▲ 18 24hAugust 1566%▲ 19 24hJuly 3088%▲ 20 24h
July 3195%▲ 2 24hAugust 3198%▲ 4 24hJuly 2894%▲ 6 24h
August 1523%▼ 22 24hJuly 319.5%▼ 19 24hAugust 3130%▼ 18 24hJuly 272.6%▼ 12 24h

Politics & Elections

The Fed's hawkish repricing rolled forward a month: September odds of a 25bp hike rose 18 points to 54%, overtaking 'no change' (40%, down 18), even as July's hike odds eased 6 points to 20% with that meeting days away. In the presidential field, Trump's announcement odds fell 18 points to 9% while Buttigieg and Harris held near 10%. Clacton's by-election runner-up market gave Count Binface 81%, up 6 points. The Clarity Act's passage odds ticked up 5 points to 38%.

Donald Trump8.9%▼ 18 24hPete Buttigieg10%▼ 3 24hTed Cruz6.5%▲ 3 24hKamala Harris9.5%▼ 2 24h
Fed Decision in July? $1,864,491 · 24h
No change79%▲ 5 24h25 bps increase20%▼ 6 24h
No change40%▼ 18 7d25 bps increase54%▲ 18 7d25 bps decrease3.7%50+ bps decrease2%
Count Binface81%▲ 6 24hNigel Farage1.8%▼ 2 24hJohn Stevens4.9%▼ 2 24hWilliam Clouston10%▼ 1 7d
Mitch McConnell steps down from Senate before his term ends?38%▼ 7 24h
Clarity Act signed into law in 2026?38%▲ 5 24h

Economy & Crypto

NVIDIA extended its hold on the world's-largest-company crown, rising 5 points on the day and 24 over the week to 76%, as Apple slipped to 24%. Broader Fed-hike sentiment for 2026 climbed 18 points over the week to 72%. The Bank of Japan's no-change odds held near-certain at 98%, and CXMT's IPO is now priced 88% to close above 2 trillion yuan.

NVIDIA76%▲ 5 24hApple24%▼ 5 24h
Fed rate hike in 2026? $58,272 · 24h
Fed rate hike in 2026?72%▲ 18 7d
↑ 2T yuan88%▲ 4 24h↑ 3T yuan34%▲ 2 24h↑ 3.5T yuan22%▲ 3 24h↑ 2.5T yuan65%
1 (25 bps)8.5%▼ 1 24h2 (50 bps)2.9%▲ 1 7d0 (0 bps)85%
25 bps increase1.5%▼ 1 24hNo change98%▲ 1 24h

Science & Tech

Anthropic's grip on the best-AI-model title held near-total at 99%. Traders trimmed bets on the next Claude Opus debuting high on the Arena leaderboard, with 1490+ down 12 points to 52% and 1500+ down 4 to 28%. Google's next Gemini Pro release window firmed toward August, with the August 31 contract at 84%, up 12 points over the week.

1480+72%▼ 16 24h1490+52%▼ 12 24h1500+28%▼ 4 24h1470+86%▼ 8 24h
August 3184%▼ 1 24hJuly 312.6%▼ 14 7dAugust 730%▲ 4 24hJuly 293.4%▼ 1 24h
Anthropic>99%▲ 1 7d

Sports

Lionel Messi's Ballon d'Or odds collapsed to 4%, down 41 points over the week, as Harry Kane climbed to 43% (+28 points). Mercedes' hold on the F1 constructors' title eased 5 points to 82% on the day. In esports, BLAST Bounty odds shifted toward MOUZ (19%, +10) and away from Spirit (40%, -3). The PGA's 3M Open leaderboard reshuffled sharply as Sunday's finish neared, with Jackson Koivun surging 45 points to 53%.

Jackson Koivun53%▲ 45 24hMichael Kim2.2%▼ 28 24hScottie Scheffler6.5%▼ 6 24hMichael Brennan5.2%▲ 3 24h
Ballon d'Or Winner 2026 $230,231 · 24h
Lionel Messi4.2%▼ 41 7dHarry Kane43%▲ 2 24hKylian Mbappé12%▲ 8 7dLamine Yamal26%▼ 3 7d
MOUZ19%▲ 10 24hSpirit40%▼ 3 24hLiquid12%▲ 6 24hFaZe11%▲ 4 24h
Mercedes82%▼ 5 24hFerrari16%▲ 3 24h
F1 Drivers' Champion $240,961 · 24h
George Russell6.5%▼ 2 24hKimi Antonelli70%▼ 3 24hLando Norris3.1%▲ 2 24hLewis Hamilton14%▲ 2 7d
NBA: 2027 Champion $752,110 · 24h
Philadelphia 76ers13%▲ 6 7dOklahoma City Thunder22%▼ 2 24hMinnesota Timberwolves3.2%Indiana Pacers1.7%

Culture

MrBeast's day-one and week-one view counts swung hard as the video's release resolved the bet: sub-20-million-view odds for day one jumped 77 points to 96%, and the under-40-million week-one contract rose 43 points to 64% — deadline arrivals, not fresh news. 'The Odyssey' second-weekend box office contract likewise snapped toward its $86-92 million band (84%, +24) with resolution roughly 18 hours out. Spider-Man: Brand New Day remained the clear favorite for 2026's top grosser at 82%.

<20M96%▲ 77 24h20–25M3.1%▼ 4 24h
<40M64%▲ 43 24h60-70M2.5%▼ 27 24h70-80M1.9%▼ 20 24h50-60M8.5%▼ 13 24h
86-92m84%▲ 24 24h92-98m14%▼ 10 24h
Spider-Man: Brand New Day82%▲ 1 24hThe Odyssey3.1%▼ 6 7dAvengers: Doomsday10%▼ 2 24hToy Story 52.5%▼ 1 7d
Will Jesus Christ return before 2027?1.9%

Turns out a ceasefire is easier to price than a Fed meeting.

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