Two Israeli officials said the meeting of the political security cabinet ended without a decision on a ceasefire in Lebanon, according to Axios's Ravid

The lack of a decision on a ceasefire in Lebanon suggests ongoing tensions in the region, which could keep energy prices elevated and lead to volatility in safe-haven assets like gold. Market participants might view this as an escalation risk, particularly impacting currencies like the USD and JPY, which often respond to geopolitical instability. Investors should remain cautious as developments could lead to broader market repercussions in commodities and forex.