"Israeli Channel 12: Estimates in Israel that Houthis [Yemen] launched two drones towards Eilat, Israel", Al Jazeera reports
Context
The reports of Houthi drone activity towards Eilat heighten regional tensions, which may prompt a risk-off sentiment in markets. Typically, this could support safe-haven assets like gold and the USD while putting pressure on regional currencies and equities. Traders should monitor reactions in energy markets as well, given the potential implications for oil supply and prices.
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