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US Special Envoy Witkoff is announcing the launch of Phase 2 of Trump's 20 point plan to end the Gaza conflict

Newsquawk Staff ·

US Special Envoy Witkoff is announcing the launch of Phase 2 of Trump's 20 point plan to end the Gaza conflict.

What it means

The launch of Phase 2 of Trump's 20-point plan to end the Gaza conflict could signal a significant escalation or de-escalation in tensions, depending on the specifics of the announcement. This development may influence market sentiment across a range of assets, particularly in energy (given the potential implications for oil supply) and safe-haven currencies like the USD and JPY. Traders should monitor reactions in relevant markets for signs of shifts in risk appetite or geopolitical risk premiums.

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