Israel is conducting raids on the southern suburbs of Beirut, according to Al Jazeera
Newsquawk Staff ·
Israel is conducting raids on the southern suburbs of Beirut, according to Al Jazeera.
What it means
The reports of Israeli raids in the southern suburbs of Beirut signal a potential escalation in Middle Eastern tensions, which could lead to increased volatility in energy markets and safe-haven assets. Traders should watch for potential impacts on oil prices and the USD, as geopolitical risks often influence market behavior, particularly in commodities and currencies associated with those regions.
Sources
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- US and Israel have reportedly prepared plans to resume joint attacks on Iran after the US midterm elections to avoid potential economic and electoral consequences, Lebanese newspaper Nidaa al-Watan reports, citing a Western diplomatic source
- [MARKET ANALYSIS] Crude grinds higher, Dutch TTF remains just under EUR 100/MWh, metals subdued
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