Israeli Senior Official says, "There is no ceasefire. The negotiations will begin in the coming days", reports Axios' Ravid
A source familiar with the details tells Axios that the person expected to lead the negotiations on Israel's behalf is former Minister Ron Dermer.
Context
The statement about the absence of a ceasefire in negotiations adds urgency to the situation, potentially heightening market volatility. This development could impact energy prices and safe-haven assets, particularly gold, as it raises geopolitical tensions in the region. Traders should monitor how this news influences risk sentiment and cross-asset correlations, especially in the commodities and forex markets.
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