Israel has increased airstrikes on the Rafah area

Israel has increased airstrikes on the Rafah area.

The price of crude oil is still trading lower on a day at $82.20 that down around $-0.60 on the day..

Earlier today, Hamas official Abu Zuhri said:

• Hamas will not be swayed by US pressure on issue of Gaza hostages.
• Firm on demand that Israel and the Gaza war as part of any deal to release hostages.

The wonder is how many hostages are there to release?

Spot gold is a 1%, and in the process is extending back above its 100 hour moving average at $2335.14

This article was written by Greg Michalowski at www.forexlive.com.