Israeli Finance Minister Smotrich says "the State of Israel has no interest in joining the conflict between Iran and the US - the current situation is the best for us", Ynet reports
The Israeli Finance Minister's statement indicates a desire for stability amid rising tensions between the US and Iran, suggesting that Israel prefers to maintain its current position rather than escalate involvement.
JPMorgan (JPM) and other US banks are reportedly nearing an agreement to provide some financing under Japan's USD 550bln US investment pledge, sources suggest
Former UK Minister Jones suggests Burnham's VAT cut is unfunded
Israeli Finance Minister Smotrich says "the State of Israel has no interest in joining the conflict between Iran and the US - the current situation is the best for us", Ynet reports
Japanese Chief Cabinet Secretary Kihara says the specifics of monetary policy should be left to the BoJ
Citi equity market positioning model notes positioning easing, but risks remain
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This could imply a degree of geopolitical calm which might support risk assets, but also highlights the fragility of the situation. Investors should watch for impacts on energy prices and regional currencies, especially as they relate to broader market sentiments.
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