Lebanon and Israel have extended their ceasefire for three weeks, following intensive discussions at the White House. The agreement, brokered with U.S. mediation, locks in expectations of a temporary calm through at least the end of April.
Market indicators reflected a high degree of trader conviction in the continuation of peace talks through the summer, though recent trading volume has been minimal, suggesting caution for any new positions. Statements from military officials or a shift in rhetoric from Hezbollah or the IDF are being closely watched for potential impact on the situation.