"Israeli army spokesperson: Our estimates are that the attack will continue for four or five weeks", Al Jazeera reports
The Israeli army's estimate that attacks will continue for four to five weeks signals a potential escalation in regional tensions.
Spanish HCOB Manufacturing PMI (Feb) 50.0 vs. Exp. 50.1 (Prev. 49.2)
Israel's IDF says "We are discussing the option of carrying out a ground operation inside Lebanon", via Al Jazeera
"Israeli army spokesperson: Our estimates are that the attack will continue for four or five weeks", Al Jazeera reports
[MARKET UPDATE] Further pressure seen across US and European equities following the open as traders continue to react to the weekend geopolitics; ES -1.7%, Euro Stoxx 50 -2.6%
EUROPEAN OPEN: Equities open lower as geopolitics dominates; crude surges, USD and gold stronger
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This prolonged conflict can impact oil prices, as geopolitical risks often drive energy markets, alongside broader implications for equities and safe-haven assets like gold. Traders should be mindful of volatility in related currencies, particularly the USD, JPY, and EUR, as the situation develops.
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