Israeli military says sirens sounded in Kfar Yovel and Maayan Baruch in Northern Israel
The alerts in Kfar Yovel and Maayan Baruch in Northern Israel, initially raising concerns, have been deemed false.
Fed Chair nominee Warsh says outside of monetary policy, the Fed should work with the government and says that it's likely to happen going forward.
VP Vance is still in Washington, Axios' Ravid reports
Israeli military says sirens sounded in Kfar Yovel and Maayan Baruch in Northern Israel
Fed Chair Nominee Warsh says the Fed's balance sheet has played an unhelpful role in achieving the dual mandate and prefers using interest rates as a dominant force; if we were to cut rates, a broader range of people would benefit
EU's Kallas says EU ministers reached an agreement to widen sanctions on Iran to include breaches of freedom of navigation
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- Since deemed false.
This underlines the volatility in the region but, given the quick resolution, is unlikely to have lasting impacts on markets or risk sentiment. However, it's important to monitor for any further developments that could escalate tensions and affect safe-haven assets like gold or the JPY.
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