Israel conducts a series of raids on southern suburbs of Beirut
Newsquawk Staff ·
Israel conducts a series of raids on southern suburbs of Beirut.
What it means
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.
Sources
- Israeli PM Netanyahu's bloc has 56 seats and opposition has 49 seats after 50.1% of votes were counted, according to Israel's Channel 12
- Iran's Foreign Minister Araghchi says sustainable regional security requires collective responsibility, mutual respect for sovereignty and cooperation among regional countries without foreign military intervention
- [MARKET ANALYSIS] Oil prices rebounded after recent choppy price action amid mixed geopolitical headlines, while an inconclusive Israeli election adds to the uncertainty
- Israel exit poll shows Israeli PM Netanyahu's coalition wins 50 seats, opposition wins 52 seats and Arab-led parties win 18 seats
- Israeli election exit poll: Netanyahu bloc 55 seats; opposition bloc 49; Arab parties bloc 16, i24NEWS reports
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