Israeli defense official says a ceasefire could be announced on Thursday night. "We are at a crossroads. Nothing is final but it could happen today", Axios reports

The potential for a ceasefire announcement signals a critical junction in the ongoing conflict, which could lead to a de-escalation of tensions and impact market sentiment. If confirmed, it may also influence oil prices and safe-haven assets like gold, providing a clearer view on risk appetite in both FX and commodities markets. Traders should monitor reaction across energy and commodity sectors, particularly for shifts in WTI and gold prices as broader geopolitical stability is assessed.