Israeli department that oversees government activities in Gaza (COGAT) reportedly says that no date has been set for the opening of the Rafah crossing, Sky News' Parsons reports
Newsquawk Staff ·
Israeli department that oversees government activities in Gaza (COGAT) reportedly says that no date has been set for the opening of the Rafah crossing, Sky News' Parsons reports.
What it means
The report that the Rafah crossing's opening date remains unset implies continued tensions and uncertainty in the region, which could lead to elevated risk perceptions in markets. This situation could particularly affect commodities like oil and gold, as well as currencies perceived as safe havens. Watch for potential reactions in the FX and commodity markets as further developments unfold.
Sources
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