The post Protests in Israel and strikes called as pressure grows for ceasefire appeared on BitcoinEthereumNews.com.

Protests have broken out across Israel after the country’s military recovered the bodies of six hostages it said Hamas had killed in Gaza. Israel’s largest labor group has called for a strike, saying the “entire Israeli economy will shut down” Monday, per CNN.  Prime Minister Benjamin Netanyahu faces fresh anger from critics who say he is prolonging the war rather than prioritizing the safe return of the roughly 100 remaining hostages in Gaza. The military conflict has already expanded to the West Bank and neighboring Lebanon, posing an imminent risk to the region in a wider war.  Market reaction At the time of writing, the gold price (XAU/USD) is trading 0.02% lower on the day to trade at $2,502.  Risk sentiment FAQs In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest. Typically, during periods of “risk-on”, stock markets will rise, most commodities – except Gold – will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a “risk-off” market, Bonds go up – especially major government Bonds – Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit. The Australian Dollar (AUD), the Canadian Dollar (CAD), the New Zealand Dollar (NZD) and minor FX like the Ruble (RUB) and the South African Rand (ZAR),…

---

Filed under: News - @ September 2, 2024 12:55 am