Secretary of War Hegseth stated that the ceasefire is still in effect, indicating ongoing diplomatic efforts to stabilize the situation. This development may influence risk appetite among investors, as prolonged conflict could heighten geopolitical tensions and impact global markets. Assets most exposed include defense stocks and commodities linked to military spending, which could see volatility depending on the perceived likelihood of escalation or resolution. Traders will be particularly attentive to upcoming statements from government officials and any shifts in military engagement, as these could serve as catalysts for market movements.
Sec of War Hegseth: Ceasefire is not over
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