Israeli Security Council to discuss possible Lebanon ceasefire at 8pm local (18:00 BST), according to an Israeli official

The upcoming discussion by the Israeli Security Council regarding a potential ceasefire in Lebanon suggests a significant geopolitical development that could impact regional stability. If a ceasefire is reached, we might see reduced tensions, which could lead to shifts in energy prices and safe-haven assets like gold and the yen. Traders should monitor market reactions closely, particularly in commodities and currencies linked to geopolitical risk.