Israel Financial News

The NSE Nifty 50 index settled 0.10% lower at 19,732, and the S&P BSE Sensex fell 0.17% to 66,167. Here's how analysts read the market pulse: «The daily and hourly momentum indicators provide divergent signals and in such a scenario a consolidation appears with high probability. Contraction of the Bollinger bands also supports our sideways outlook on the Index.

bond sale, a document showed, the first high-profile debt issue from the region since last week's Israel-Hamas conflict unsettled regional markets. The Public Investment Fund (PIF) plans to issue a dollar-denominated Islamic bond, and mandated Citi, HSBC, JPMorgan and Standard Chartered Bank to arrange a series of investor calls starting on Monday. It will be the PIF's second international debt issue this year after it raised $5.5 billion from green bonds in February. The plans come as the troubles in Israel have triggered an increase in volatility in the Middle East and North Africa (MENA) region and seen major investment banks such as JPMorgan and Morgan Stanley downgrade their view on the broader region. A European-based investor said markets were closely watching how pricing and demand for the PIF Islamic bond would shape up in days to come, with the issue being seen as a weather vane for sentiment towards fixed income in the Gulf region more widely in the wake of the conflict. The PIF is the chosen vehicle of Saudi Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, to drive an economic agenda aimed at cutting reliance on oil. A dual tranche of 5- and 10-year tenor senior sukuk, or Islamic bonds, will follow the investor meetings, the document seen by Reuters showed.

Reuters, "We should call it by its name. It was a pogrom." "The terrible nature of these attacks means it is proving difficult to identify many of the deceased but with a heavy heart I can inform the House (of Commons) that at least six British citizens were killed, a further ten are missing, some of whom are feared to be among the dead," he added.

China's foreign minister condemned Israel's actions for going "beyond the scope of self-defence" and called for it to "cease its collective punishment of the people of Gaza". "(Israel) should listen earnestly to the calls of the international community...

Crypto, the buzzword in the world of finance. There are currently around 31 million users of these digital assets in Europe, according to estimations from cryptocurrency payment gateway TripleA.

By Ankika Biswas and Shashwat Chauhan

Investing.com — Oil prices slipped lower Monday, consolidating after recent hefty gains as the conflict in the Middle East continued to raise concerns about disruptions in supply from the world’s biggest oil producing region.

An Israeli ground offensive in the Gaza Strip would further escalate the conflict raging since Hamas launched its unprecedented attack, killing hundreds of civilians.

Stablecoin issuer Tether has moved to freeze 32 addresses linked to terrorist activity in Israel and Ukraine in collaboration with local law enforcement agencies.

World shares have fallen and oil prices are mixed as investors brace for an expected invasion of Gaza by Israel

President Joe Biden has postponed a trip to Colorado to stay in Washington and focus on the growing conflict in the Middle East

Russian President Vladimir Putin is expected to meet this week with Chinese leaders in Beijing on a visit that underscores China’s support for Moscow during its war in Ukraine

That one of the world’s fiercest wars now is being fought right next some of the biggest oil exporters probably justifies some geopolitical risk to be attached to crude prices. But a daily move of up to a few percent will require the supply of oil itself to be impacted — not just hypothetically but in real barrel terms.

Israel-Hamas War: As Israel Defence Forces (IDF) prepares for a ground offensive in Gaza against Hamas targets, Israel's Minister of Diaspora Affairs, Amichai Chikli has recommended Hamas militants to lay down weapons and come out of the tunnel if they want any chance at mercy from Israel. The development comes as Israel's Prime Minister's Office clarified on Monday that there is no ceasefire in Gaza.

The tagline from Wall Street was that 2023 was the year of the bond. Instead, fund managers are coming to terms with one of the toughest years ever.

European stocks and US equity futures fluctuated while Treasuries dropped as traders tracked efforts by the US and its allies to prevent further escalation of the Israel-Hamas conflict.

Birkenstock Holding Plc, the 249-year-old footwear brand, stumbled onto Wall Street last week in a debut that could quash the fledgling rebound of initial public offerings.

Investing.com — U.S. stock futures edged higher Monday at the start of a busy week for corporate earnings, while geopolitical tensions remain to the fore. 

By Steven Scheer

Although price moves remain contained in the absence of a dramatic weekend escalation, world markets are still on edge as Middle East tension builds without obvious resolution.

Israel-Hamas war. If the war escalates further and spreads to other countries, it will shoot up crude oil prices and also deal a severe blow to the global economy which is already struggling thanks to continuous rate hikes due to a sharp rise in inflation led by the Russia-Ukraine war in the post Covid-19 pandemic world. "Top US officials warned on Sunday that the war could escalate into a wider conflict across the Middle East.