US Secretary of War Hegseth held a call with Israeli Minister Katz, in which Hegseth stated to "keep going until the end, we're with you"
Newsquawk Staff ·
US Secretary of War Hegseth held a call with Israeli Minister Katz, in which Hegseth stated to "keep going until the end, we're with you"
What it means
This headline underscores the U.S. commitment to supporting Israel amidst ongoing tensions, which could lead to increased geopolitical risk. Such support may boost safe-haven assets like gold and the yen, while potentially putting downward pressure on the USD if investors seek refuge in perceived safer currencies. Overall, keep an eye on commodities, particularly oil, as heightened conflict often influences supply expectations.
- [MARKET ANALYSIS] Oil prices rebounded after recent choppy price action amid mixed geopolitical headlines, while an inconclusive Israeli election adds to the uncertainty
- Israel exit poll shows Israeli PM Netanyahu's coalition wins 50 seats, opposition wins 52 seats and Arab-led parties win 18 seats
- Israeli election exit poll: Netanyahu bloc 55 seats; opposition bloc 49; Arab parties bloc 16, i24NEWS reports
- Netanyahu’s Likud Party to be largest in Knesset, reports Channel 12 Exit Poll; no clear winner in Israeli election
- Israeli PM Netanyahu requests extension of voting in the legislative elections until after 10pm
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