Israel again attacks southern Lebanon, claiming retaliation for overnight rocket fire, Al Jazeera reports

The escalation of violence with Israel's military actions in southern Lebanon underscores significant geopolitical tensions that could disrupt regional stability.

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"Iranian Foreign Ministry: Araqchi held two calls with the Pakistani army chief and foreign minister to discuss a ceasefire.", Al Araby reports

Pakistani official notes of a state of uncertainty regarding the second round of talks, "and we await Iran's response", Al Arabiya reports

Israel again attacks southern Lebanon, claiming retaliation for overnight rocket fire, Al Jazeera reports

SNB Chairman Schlegel says they have "unrestricted" room for manoeuvre when it comes to the policy rate and on FX intervention

German Ifo Expectations (Apr) 83.3 vs. Exp. 83.9 (Prev. 86.0, Low. 82, High. 87.3)

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This risk often drives investors toward safe-haven assets like gold and the USD, while also maintaining upward pressure on energy prices, particularly given the proximity of these events to critical supply routes. Traders should monitor how these developments could affect market sentiment and commodity pricing during the EU session.

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