Israel conducts a series of raids on southern suburbs of Beirut

The series of Israeli raids in southern Beirut signifies a potential escalation in regional tensions, which could impact investor sentiment across various asset classes. Market participants may turn to safe havens like gold and the USD, while oil prices could react given the historical volatility associated with geopolitical unrest in the Middle East. Traders should monitor subsequent developments as this situation evolves, as it may lead to a more durable shift in risk appetite.