Israeli official denies a ceasefire in Lebanon would take effect tonight, according to Walla's Elster

The denial of a ceasefire in Lebanon by an Israeli official signals ongoing tensions in the region, which could have ripple effects across various asset classes. Geopolitical instability typically supports safe-haven assets like gold and the JPY, while it may also impact energy prices due to concerns surrounding supply disruptions. Traders should monitor how this evolving situation influences market sentiment and potentially shifts flows within FX and commodities.