Israeli strikes in southern Lebanon killed six and fighting continues despite April 17th ceasefire, according to AFP

The continuation of hostilities in southern Lebanon despite a ceasefire is likely to heighten geopolitical tensions in the region, which could affect energy and safe-haven asset prices, particularly oil and gold.

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US Treasury Secretary Bessent posts that he held talks with Japanese Economy Minister Akazawa; "I highlighted the continued positive collaboration between the United States and Japan on issues pertaining to critical minerals and supply chains"

US Treasury Secretary Bessent says pleased to reaffirm US-Japan economic partnership, adds communication on FX volatility remains constant and robust, also held positive talks on US-Japan investment agreement

Israeli strikes in southern Lebanon killed six and fighting continues despite April 17th ceasefire, according to AFP

KT Corp (030200 KS) Q1 (KRW) net fell 35% Y/Y to 352.2bln, rev. 6.78tln (exp. 6.79tln)

Mazda (7261 JT) FY (JPY) net 35.1bln (prev. 114.1bln Y/Y), rev. 4.92tln (prev. 5.02tln Y/Y)

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Context

The persistent conflict may lead markets to reassess risk premiums in currencies like the USD and JPY, amidst broader implications for volatility in the forex and commodities spaces. Keeping an eye on how this situation evolves is crucial, as it could influence broader market sentiment and trading strategies.

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