US envoys Kushner and Witkoff have cancelled their planned arrival in Israel tomorrow, local Israeli reports suggest

Context

The cancellation of envoys Kushner and Witkoff's trip to Israel indicates potential diplomatic tensions or complications in U.S.-Israel relations. This could influence risk sentiment in currency and equity markets, especially for assets sensitive to geopolitical developments. Traders should watch for any resulting flight-to-safety flows into currencies like the USD or commodities like gold, as well as potential volatility in energy markets if tensions escalate.

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