Israel’s election may end the Netanyahu era but not the ‘forever wars’-scmp

Israel's upcoming election could signal the end of Prime Minister Benjamin Netanyahu's long tenure, raising questions about future governance and its implications for ongoing regional conflicts. This political uncertainty may influence risk appetite among investors, particularly in the context of geopolitical stability in the Middle East. Israeli equities and the shekel are most exposed, as changes in leadership could affect foreign investment flows and defense spending priorities. Traders will be particularly attentive to the election results scheduled for November 1, 2023, which may set the tone for Israel's domestic and foreign policy direction.

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