Tuesday , 26 November 2024
Home Forex Biden touts Israel-Lebanon ceasefire
Forex

Biden touts Israel-Lebanon ceasefire

This has been rumored for weeks and yesterday it was reported that it was coming imminently. Gold and oil have sold off substantially on it already. The vote to approve it in the Israeli cabinet was 10-1.

Sell the rumor, buy the fact?

Biden also says there will be a fresh push for a ceasefire in Gaza, which is something he surely sees as important for his legacy.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

BoE Lombardelli – need more evidence of cooling price pressures before another rate cut

Earlier on this is here:Bank of England Lombardelli says too early to...

Goldman Sachs predicts nearly 1% inflation increase due to new Trump tariffs

The tariffs on imports from China, Canada, and Mexico announced by Trump...

Private survey of oil inventories shows larger headline crude draw than was expected

Via Twitter:--Expectations I had seen centred on:Headline crude -0.6mn barrelsDistillates +0.1 mn...

Forexlive Americas FX news wrap 26 Nov. The USD moves marginally higher. Housing mixed.

US equity close. Big bids arrive late. With all the focus on...