Netanyahu Orders Israeli Army to Occupy 70% of Gaza Strip

Israeli Prime Minister Netanyahu has ordered the military to occupy 70 percent of the Gaza Strip, escalating the ongoing conflict in the region. This directive is likely to heighten geopolitical tensions, impacting risk appetite among investors and potentially leading to capital outflows from Israeli assets. The Israeli shekel and local equities may face downward pressure as uncertainty increases regarding the stability of the region. Traders will be particularly attentive to any international responses or sanctions that may arise from this military escalation, as well as upcoming economic data releases that could reflect the conflict's impact on the Israeli economy.

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