Israeli PM Netanyahu says he backs Trump's ceasefire but notes that Lebanon is not included in the ceasefire, according to Israeli media
Context
Netanyahu's backing of Trump's ceasefire coupled with the exclusion of Lebanon signals potential instability in the region, particularly impacting risk sentiments surrounding Middle Eastern tensions. Markets may react to this with volatility in oil prices and safe-haven assets like gold and JPY, while currencies linked to regional stability, such as the USD, might face pressure as geopolitical risks loom.
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