The proposed agreement between the US and Iran may limit the IDF's action in Lebanon, Israeli press reports citing an Israeli official

The proposed agreement between the US and Iran suggests a potential limitation on IDF operations in Lebanon, which may indicate a de-escalation in regional tensions. This is likely to affect investor sentiment and trade in safe-haven assets like gold and the JPY, while potentially stabilizing oil prices if tensions ease. Monitor the market's risk appetite as this evolves, especially in relation to energy commodities and regional currencies.