White House Press Secretary Leavitt disputed reports suggesting a 3-to-5-day ceasefire timeline, calling the timeframe inaccurate, which contradicts recent market pricing that had begun to anticipate a short-term de-escalation in the conflict. The statement removes near-term certainty around a rapid ceasefire, maintaining elevated geopolitical risk premiums in assets sensitive to war duration and intensity. This keeps downside pressure on regional equity markets and upward momentum in safe-haven assets and defense sector equities, as investors reassess the probability of prolonged hostilities. Energy markets remain on edge due to continued exposure to potential supply disruptions in the event of conflict spillover. Traders will watch for the next U.S.-coordinated diplomatic briefing, expected within 48 hours, for updated signals on ceasefire negotiations.
WH PRESS SEC. LEAVITT: THE 3 TO 5 DAY CEASEFIRE TIMELINE IS INACCURATE.
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