US President Trump has not set a timeline for an extension of a ceasefire, according to Reuters citing sources

The lack of a timeline for extending the ceasefire from President Trump creates uncertainty in global markets, particularly affecting risk sentiment.

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This ambiguity could lead to volatility across asset classes, including equities and currencies, as investors weigh potential geopolitical tensions. Safe-haven assets like gold may see increased demand as traders seek stability amidst the uncertainty.

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