Friday, September 25, 2026GraphArchiveSubscribeDaily · No. 107

The Probable Times

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

Markets Flip the Trump-Xi Handshake Call as Hormuz Risk Climbs

A summit-day gesture goes from afterthought to coin flip overnight, while traders price rising odds of a Hormuz shipping incident and cool sharply on a Houthi tanker seizure.

Prediction markets swung hardest on geopolitics today. The odds that Trump and Xi's handshake lasts just 2–6 seconds jumped to 72%, up 51 points on the day and 56 over the week, as traders abandoned bets on a longer clasp. In the Gulf, the odds of shipping being targeted in the Strait of Hormuz on September 25 rose to 60%, up 33 points over the week, even as the odds of a Houthi tanker seizure by October 31 collapsed to 20%, down 29 points on the day. Elsewhere, traders raised the odds of three Fed rate hikes in 2026 to 41%, up 9 points on the day and 24 over the week, narrowing the gap with the two-hike favorite. And in British Columbia, Lorne Doerkson surged to 48% to become premier, up 18 points on the day, as David Eby fell 17 points to 52%.

Today’s biggest movesprobability shifts, volume-weighted
Culture

Will MrBeast's next video get between 60 and 70 million views on week 1?

16%→ 77% 7d
$8,635 traded · 24h
Geopolitics

Will the Trump and Xi handshake last 2–6 seconds during their summit?

15%→ 72% 7d
$7,905 traded · 24h
Geopolitics

Shipping targeted in Hormuz on September 25, 2026?

26%→ 60% 7d
$20,994 traded · 24h
Geopolitics

Houthis seize an oil tanker by October 31, 2026?

50%→ 20% 7d
$31,141 traded · 24h
Culture

Will "Primetime" Opening Weekend Box Office be at least 22m?

28%→ 57% 7d
$19,771 traded · 24h
Economy & Crypto

Will 3 Fed rate hikes happen in 2026?

18%→ 41% 7d
$9,982 traded · 24h
Politics & Elections

Will Ilija Srdanović be the next prime minister of Serbia?

42%→ 20% 7d
$5,416 traded · 24h
Politics & Elections

Will Lorne Doerkson be the next Premier of British Columbia?

29%→ 48% 24h
$10,663 traded · 24h

Geopolitics

The marquee shift: Trump and Xi's handshake is now priced at 72% for lasting just 2–6 seconds, up 51 points in a day, as longer-clasp scenarios (6–10s at 21%, 10–15s at 7%) were sold off. In the Gulf, traders lifted the odds of a Hormuz shipping incident on September 25 to 60%, up 33 points over the week, while cooling on a Houthi tanker seizure by October 31, now 20%, down 29 points on the day and 31 over the week.

2–6s72%▲ 51 24h10–15s7%▼ 20 24h15s+2.9%▼ 13 24h6–10s21%▼ 10 24h
October 3120%▼ 29 24hSeptember 304.9%▲ 3 24h
September 2196%▼ 1 24hSeptember 2398%▲ 59 7dSeptember 2560%▲ 33 7dSeptember 249%▼ 28 24h
Lula da Silva8.5%▼ 2 24hMark Rutte27%▲ 2 24hUrsula von der Leyen30%▼ 15 24hPope Leo XIV2.3%▼ 7 7d
September 301.5%▼ 47 7dDecember 3116%▼ 4 24h
September 3034%▼ 6 24hOctober 1562%▼ 6 24hOctober 3176%▼ 5 24h

Politics & Elections

British Columbia's premier race flipped: Lorne Doerkson jumped to 48%, up 18 points on the day, as David Eby fell 17 points to 52%. In Serbia, Ilija Srdanović's path to prime minister faded to 20%, down 22 points over the week, while incumbent Aleksandar Vučić held at 58%. Brazil's traders grew more confident of a decisive first-round win for Lula da Silva, pricing a sub-5% margin at 66%, up 13 points on the day.

Lorne Doerkson48%▲ 18 24hDavid Eby52%▼ 17 24h
Lula da Silva <5%66%▲ 13 24hFlávio Bolsonaro <5%20%▼ 8 24hLula da Silva 5-10%11%▲ 2 24hFlávio Bolsonaro 5-10%3.5%
Ilija Srdanović20%▼ 22 7dAleksandar Vučić58%▼ 2 24hStefan Krkobabić3.1%▲ 1 24hVladan Đokić4.2%▲ 2 7d
Sorin Grindeanu42%▲ 1 24hSiegfried Mureșan12%▼ 2 24hAlexandru Nazare22%▲ 7 24hEugen Tomac7.5%▲ 4 24h
October 3114%▼ 8 24hSeptember 304.5%▼ 4 24h
December 31, 202612%▲ 1 24hOctober 31, 20264.5%▼ 3 24h

Economy & Crypto

Rate-hike odds firmed: traders now put three Fed hikes in 2026 at 41%, up 9 points on the day and 24 over the week, though two hikes remains the modal outcome at 50%. Rate-cut pricing stayed frozen — 97% still see zero cuts this year. In crypto, Variational's projected valuation cooled slightly, with an FDV above $1B priced at 67%, down 8 points on the day.

3 (75 bps)41%▲ 9 24h2 (50 bps)50%▼ 7 24h1 (25 bps)8.5%▼ 1 24h
$1B67%▼ 8 24h$2B35%▲ 13 7d$800M77%▼ 6 24h$500M86%▼ 6 24h
December 31, 20267.8%▲ 3 7d
0 (0 bps)97%▲ 2 7d1 (25 bps)1.7%▲ 1 24h

Sports

Uzbekistan's hold on the Chess Olympiad title loosened to 52%, down 20 points on the day, as Germany's odds climbed to 17%, up 13. Barcelona's grip on the 2027 LaLiga crown tightened to 78%, up 11 points over the week, at Real Madrid's expense. In MLB, Philadelphia's postseason odds eased to 93%, down 6 points on the day, still comfortably the market's safest bet.

Uzbekistan52%▼ 20 24hUnited States of America7.4%▲ 5 24hGermany17%▲ 13 24hIndia12%▼ 1 24h
LALIGA: 2027 Champion $79,002 · 24h
Barcelona78%▲ 11 7dReal Madrid18%▼ 11 7dAtlético Madrid2.1%
Philadelphia Phillies93%▼ 6 24hHouston Astros70%▼ 8 7dArizona Diamondbacks8.1%▲ 1 24hTexas Rangers30%▼ 4 7d
Worlds 2026: Winner $63,014 · 24h
Karmine Corp5%▲ 4 24hHanwha Life Esports16%▼ 7 7dDplus KIA2.6%▼ 5 7dGen.G34%▼ 3 24h
EPL: 2027 Champion $26,555 · 24h
Manchester City38%▼ 1 24hArsenal48%▼ 7 7dChelsea2.6%▼ 2 7dLiverpool4%▲ 1 7d
San Diego Padres6.9%▲ 2 24hTampa Bay Rays12%▲ 1 24hNew York Yankees8.5%▼ 2 7dHouston Astros2.6%▼ 1 24h

Culture

MrBeast's next video is now priced at 77% to land 60–70 million first-week views, up 12 points on the day — a shift traders attribute more to the approaching resolution, roughly two days out, than fresh signal. "Primetime" traders pared its $22m+ opening-weekend odds to 57%, down 8 points, while Taylor Swift's "The Fate of Ophelia" extended its lead for VMA Video of the Year to 62%.

60-70M77%▲ 12 24h70-80M22%▼ 13 24h
The Fate of Ophelia (Taylor Swift)62%▼ 2 24hHate That I Made You Love Me (Ariana Grande)22%▲ 2 24hTears (Sabrina Carpenter)4.3%▲ 2 24hConfessions II – The Film (Madonna)6.7%▲ 1 24h
22m+57%▼ 8 24h19-22m43%▲ 8 24h16-19m1.8%▼ 2 24h
Will Jesus Christ return before 2027?1.8%

In a summit season, traders now hold firmer opinions on handshake choreography than on who governs British Columbia.

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