Israeli and Lebanese ambassadors said during their talks yesterday that they would speak to their bosses about ceasefire proposal, according to Axios's Ravid citing a US source

The discussions between Israeli and Lebanese ambassadors about a potential ceasefire indicate a step towards de-escalation in a region marked by tension. Such dialogue could impact market sentiment, particularly for assets like gold and oil, which are sensitive to geopolitical risk. Investors may want to watch for shifts in forex rates as well, particularly in USD and JPY, based on evolving sentiments around stability in the region.