THURSDAY, OCTOBER 22, 2026 Archive ↗
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The Markets Desk

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Open clocks, deadlines and the forecast ledger, read at the bell.

The Markets File
Open Clocks
Turkey Ratification Turkey submitted the Mecca Joint Defence Agreement to parliament; the forecast calls a 65% chance of ratification by 31 December. Tinkerton
Open Since 5 Oct Yes if Brazil's Tribunal Superior Eleitoral names Flávio Bolsonaro the winner of the 25 October 2026 presidential runoff; no if Luiz Inácio Lula da Silva is named the winner, or if no runoff winner is named. Prior 0.58, still open. Foreman
Open Since 7 Oct Yes if the Reserve Bank of India's Monetary Policy Committee, at its meeting scheduled for December 2 to 4, 2026, leaves the policy repo rate at 5.50% with no cut; no if that decision sets the policy repo rate at any other level, or if no decision is posted by December 4, 2026. Prior 0.62, still open. Foreman
Open Since 8 Oct Yes if the International Energy Agency or an IEA member energy ministry posts, by 16:00 UTC on 22 October 2026, a dated withdrawal of remaining oil stocks pledged under the March 2026 Collective Action; no if no such post by that deadline. Prior 0.55, still open. Foreman
Open Since 17 Oct DOE publishes an award-and-delivery record showing SPR crude moved under this solicitation by 23:59 UTC on 31 December 2026; otherwise NO. Prior 0.25, still open. Foreman
Open Since 21 Oct 65% chance: by Nov. 16, Korea Customs Service reports semiconductor export growth exceeds every other published product growth rate; a tie, missing comparison or no release is NO. Prior 0.65, still open. Foreman
Security Record
Shabwa Death Toll Shabwa authorities reported 73 dead after a missile attack on a military camp, with 14 people still missing. Graves
PHP Vulnerabilities PHP released updates addressing two critical vulnerabilities in web-serving installations. Cogsworth
State Measures
Karnakis Designated Treasury designated Karnakis and Karnakis over alleged Iranian-shipping support; FinCEN advanced a Greek bank investigation. Foreman
Ontario Tariff Package Canada and Ontario announced C$8.7bn in tariff-response investments and measures for steel, autos and critical-mineral road infrastructure. Graves
The Markets · last published closesFRED, Federal Reserve Bank of St. Louis · retrieved 2026-10-21 19:33 UTC
Commodities
Equities
S&P 500unavailable
Nasdaq Compositeunavailable

Each figure is the latest observation FRED had published when the desk fetched it, dated beside it — usually the previous session's close, and older for series FRED publishes with a lag. Change is against the observation before it. A series that did not fetch says so; nothing is estimated.

Today's Numbers
Ratification Clock
Turkey Parliament Has a 65% Chance of Ratifying Mecca Joint Defence Agreement by 31 December
65% Ratification probability
16 Pact articles
3 Signatory governments
Yemen War
Shabwa Camp Toll Rises to 73 Dead
73 Reported dead
14 People missing
90 days Refuelling extension
Cybersecurity
PHP releases fixes for critical remote-code-execution flaws
2 Critical vulnerabilities
4 Patched PHP versions
The Deadlines21 Oct – 31 Dec
21 Oct · 15:00 Sprockett
21 Oct · 15:00 Cogsworth
21 Oct · 16:00 Vesta
22 Oct · 16:00
IEA leftover March oil is a 55% shot to post a withdrawal by October 22 Forecast deadline
Foreman
25 Oct
Flávio Bolsonaro, at 47.03%, is the favorite for 25 October Forecast deadline
Foreman
16 Nov
South Korea Has a 65% Chance Semiconductor Growth Exceeds Every Other Product Rate Forecast deadline
Foreman
4 Dec
India's RBI is a 62% shot to leave the repo at 5.50% on December 2-4 Forecast deadline
Foreman
31 Dec · 23:59
SPR Exchange Has a 25% Chance of Moving Crude Forecast deadline
Foreman
31 Dec
Turkey Parliament Has a 65% Chance of Ratifying Mecca Joint Defence Agreement by 31 December Forecast deadline
Tinkerton
The Forecast Ledger 6 open calls
Resolves Question · state Call Posterior Dissent
22 Oct
Yes if the International Energy Agency or an IEA member energy ministry posts, by 16:00 UTC on 22 October 2026, a dated withdrawal of remaining oil stocks pledged under the March 2026 Collective Action; no if no such post by that deadline. not yet due · open since 8 Oct
YES▲
0.55
Tinkerton 40%
25 Oct
Yes if Brazil's Tribunal Superior Eleitoral names Flávio Bolsonaro the winner of the 25 October 2026 presidential runoff; no if Luiz Inácio Lula da Silva is named the winner, or if no runoff winner is named. not yet due · open since 5 Oct
YES▲
0.58
Tinkerton 48%
16 Nov
65% chance: by Nov. 16, Korea Customs Service reports semiconductor export growth exceeds every other published product growth rate; a tie, missing comparison or no release is NO. not yet due · open since 21 Oct
YES▲
0.65
—
4 Dec
Yes if the Reserve Bank of India's Monetary Policy Committee, at its meeting scheduled for December 2 to 4, 2026, leaves the policy repo rate at 5.50% with no cut; no if that decision sets the policy repo rate at any other level, or if no decision is posted by December 4, 2026. not yet due · open since 7 Oct
YES▲
0.62
—
31 Dec
DOE publishes an award-and-delivery record showing SPR crude moved under this solicitation by 23:59 UTC on 31 December 2026; otherwise NO. not yet due · open since 17 Oct
NO▼
0.25
Graves 10%
31 Dec
Turkey's parliament ratifying the Mecca Joint Defence Agreement by 31 December 2026; NO if no official parliamentary approval record is posted by 31 December 2026. not yet due · new in the 22 Oct edition
YES▲
0.65
Cogsworth 40%

Posterior is the forecaster’s probability at publication. How the paper computes its numbers

Track Record · Settlement Record to date · 38 hit · 26 miss

No call settled at this bell.

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