The Ministry of Health in Gaza said that at least 35 Palestinians were killed and dozens more were injured as a result of Israeli air attacks on a camp in Rafah for displaced people on Sunday, per CNN.
Ceasefire and hostage talkswill continue next week, officials said. Thetalksbetween Israel and Hamas have stalled, with both parties failing to reach an agreement over differences onkeyconditions. Market reaction At the time ofwriting,gold price is trading 0.10% higher on the day to trade at $2,336.
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. Which currencies strengthen when sentiment is 'risk-on'? The Australian Dollar , the Canadian Dollar , the New Zealand Dollar and minor FX like the Ruble and the South African Rand , all tend to rise in markets that are “risk-on”.
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