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Home/Macro / Fed/Will the highest temperature in Hong Kong be 29°C on August 20?
PolymarketMacro / FedUpdated 8m ago

Will the highest temperature in Hong Kong be 29°C on August 20?

Market probability
99.5%
+1.5 percentage points
over 24 hours98.0% → 99.5%
Less than a day until the event deadline
Deadline: August 20, 2026 at 8:00 AM ET

The move lacks solid trading support — treat the new probability with caution.

The pricing has weak support: healthy trading volume and market depth, a tight spread. The probability moved another 7 points in the past hour — the market is still repricing.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Weak

The pricing has weak support: healthy trading volume and market depth, a tight spread.

Consensus stability

Has the market settled at the new probability?

Unsettled

The probability moved another 7 points in the past hour — the market is still repricing.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$15.9K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market will resolve to the temperature range that contains the highest temperature recorded by the Hong Kong Observatory in degrees Celsius on 20 Aug '26. The resolution source for this market will be information from the Hong Kong Observatory, specifically the "Absolute Daily Max (deg.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve to the temperature range that contains the highest temperature recorded by the Hong Kong Observatory in degrees Celsius on 20 Aug '26. The resolution source for this market will be information from the Hong Kong Observatory, specifically the "Absolute Daily Max (deg. C)" the specified date once information is finalized in the relevant "Daily Extract", available here: https://www.weather.gov.hk/en/cis/climat.htm This market can not resolve until data for this date has been published. The resolution source for this market measures temperatures in Celsius to one decimal place (eg, 9.1°C). Thus, this is the level of precision that will be used when resolving the market. Any revisions to temperatures recorded after data is initially published for this market's timeframe will not be considered for this market's resolution.

What could move this market next?

  • The market's deadline arrivesAugust 20, 2026 at 8:00 AM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Aug 20, 6:03 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±31 pts.

Reacting to newsLegacy movement classifier: noisy

What's happening

high classifier confidence
Reacting to news

The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.

Change (pts)1H+7.06H+1.524H+1.57D+1.5
Score breakdown — Movement, Liquidity & Trust

ProbCast Trust Score

6/ 100 · Low

Weakly supported. Treat this number skeptically. Main caveat: thin liquidity.

Settlement-stage — price is pinned near resolution. Read it as a settlement signal, not a fresh forecast.

ProbCast measures how reliable this market probability appears — not what to trade.

Movement94

Magnitude of recent probability change

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Kalshi
ProbCast — Odds Reliability

Know whether prediction-market odds can be trusted. ProbCast analyzes liquidity, market activity, spreads, and price movement to help distinguish meaningful repricing from thin-market noise.

Questions? Chat with us on Telegram
TodayTop MoversEventsAll MarketsWhat ChangedVenue DivergencePolymarket vs KalshiMethodologyCoverageMeta's ArenaWatchlistTerms of UsePrivacyCrypto
  • Probability moved 7.0 pts in ≤6h on adequate liquidity
  • Flow one-directional across 104 participants (broad, not a single order)

Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
6Low
Where the price path tends to go next60 observed
  • Thin-liquidity spike67%
  • Choppy / mean-reverting19%
  • News repricing8%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityLow· half-life <1h
PredictabilityElevated irreducibility

Secondary read: leaning toward Resolving soon.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Market data

24h volume

$95.4K

Liquidity

$2.2K

Total volume

$104.5K

Category
Macro / Fed
Venue
Polymarket
Open interest
—
Spread
0.6 pts
Best bid
99.2%
Best ask
99.8%
7-day range
64.5% – 99.7%
Resolves
Aug 20, 2026
Liquidity74

Depth of the order book and volume

Trust breakdown

6/100 · Low

Weakly supported. Treat this number skeptically. Main caveat: thin liquidity.

  • Liquidity anchor+52
  • Price steadiness+2
  • Thin liquidity-20
  • Expiring soon-10
  • Limited history-8
  • Big move, weak support-10
Trust score6 / 100
How these scores work →
View on Polymarket

ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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ProbCast provides prediction-market data and analytics for informational purposes only. Not financial, trading, betting, investment, legal, or tax advice. ProbCast is not a betting platform, exchange, or broker and does not provide buy or sell recommendations. Intended for users 18+; availability of prediction-market activity varies by jurisdiction. Venue data is aggregated from third parties and may be delayed or inaccurate. See our Terms of Use.

Market-implied probabilities can be wrong, illiquid, manipulated, or affected by ambiguous resolution rules.

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