Israel opposition leader Eisenkot says he will seek to form a Zionist government to implement universal compulsory military service and that his goal is to represent all Israelis

• Public has voted for change and against Netanyahu and that we have made history.
• We will form a stable Israeli government.
• Will wait for the final results, but things are clear.

Israeli coalition bargaining following a contested vote has historically been a slow-moving, headline-driven process, and the market-relevant question is less the eventual government than the duration of uncertainty in between. The universal conscription plank is the salient friction point: the exemption of the ultra-Orthodox has been the recurring fault line that has collapsed or constrained Israeli coalitions in the past, so a platform built on ending it signals difficult negotiations with the religious parties whose seats are usually needed to form a majority. Statements of intent from an opposition figure at this stage are standard positioning rather than a governing mandate; in past episodes of this kind the actual composition has taken weeks to resolve through the formal mandate process, with interim governments remaining in place throughout. For the shekel and local assets, the established pattern is that domestic political noise moves them only modestly unless it intersects with the security file or fiscal trajectory, with the security premium doing most of the work in the currency on past occasions. What matters next is the final seat arithmetic, who receives the first mandate to form a government, and whether the conscription demand survives contact with coalition arithmetic.