Palestine Financial News
16.10 / 16:07
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US yields rise amid increased Treasury supply, still-imminent Gaza attack
Treasury yields edged higher on Monday as investors faced increased U.S. government debt issuance while an expected Israeli ground offensive in Gaza remained imminent, keeping the bond market in a tentative mood. Israeli forces kept up their bombardment of Gaza after diplomatic efforts to arrange a ceasefire to allow foreign passport holders to leave and aid to be brought into the besieged Palestinian enclave failed. Air strikes were the heaviest yet as the conflict entered its 10th day with an Israeli ground offensive of the densely populated coastal strip believed to be close at hand. «It's certainly wait-and-see mode.
16.10 / 15:53
Reuters
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'It was a pogrom': UK PM Rishi Sunak refers Hamas militants' attack on Israel that killed 6 British citizens
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.
16.10 / 14:15
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Crude oil slips lower; underlying tone positive on Middle East tensions
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.
16.10 / 13:35
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Biden postpones trip to Colorado as Israel-Hamas conflict intensifies
President Joe Biden has postponed a trip to Colorado to stay in Washington and focus on the growing conflict in the Middle East
16.10 / 12:15
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week
Commodities Week Ahead: Oil in Wary Trading, Eyes Iran Role in Mideast War
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.
16.10 / 10:41
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NASDAQ
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reports
Dow futures tick higher; earnings season comes into focus
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.
16.10 / 10:35
COST
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Will Israel’s agony and retribution end in chaos or stability?
gravity of Hamas’s crimes. More than 1,200 Israelis, most of them civilians, many of those women and children, were murdered in their homes, on the street, in kibbutzim, at a music festival. Perhaps 150 more have been dragged to Gaza and shut in makeshift dungeons.
16.10 / 09:49
Sky News
consequences
Yellen: Too early to speculate on economic consequences from Israel conflict
LONDON (Reuters) — U.S. Treasury Secretary Janet Yellen said on Monday it was too early to speculate on the economic consequences of the Israeli-Palestinian conflict, and that the impact would depend on whether the conflict spread to the wider region.
16.10 / 09:49
Blockchain
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Hamas' cash-to-crypto global finance maze in Israel's sights
By Hadeel Al Sayegh, John O'Donnell, Elizabeth Howcroft
16.10 / 09:49
UPS
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CEO
concert
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Blinken's diplomatic mission, corporate earnings, Rite Aid - what's moving markets
Investing.com — U.S. Secretary of State Antony Blinken seeks to limit the extent of the conflict in the Middle East, while the focus on Wall Street turns to the new quarterly corporate earnings season. Rite Aid has filed for bankruptcy while crude prices consolidate after recent hefty gains.
16.10 / 07:25
Lowe's
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Gold rate today skids as US, Egypt, Israel announce ceasfire in south Gaza
Gold rate today: Amid ease in Middle East tension after announcement of ceasefire in south Gaza by US, Egypt and Israel, gold price rally took a pause during morning deals and opened lower at ₹59,209 per 10 gm levels. Gold price drifted further down after weak opening and hit intraday low of ₹58,944 levels.
16.10 / 07:25
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Mint Explainer: Likely fallout of an Israeli ground invasion of Gaza
After an air campaign resulting in hundreds of casualties, experts believe an Israeli ground invasion of Gaza is imminent, in response to Hamas' attacks that took approximately 1,300 lives in Israel. This potential ground offensive poses a risk of a broader regional conflict. Mint takes a closer look: Tensions flared on 7 October when Hamas targeted Israel in a coordinated assault.
16.10 / 06:41
16.10 / 05:45
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Palestine in focus? Putin to meet Xi Jinping in China amid Hamas-Israel conflict
Israel-Palestine conflict. While the US and allies have showed their support to Israel, both China and Russia sided with Palestine.
16.10 / 05:45
Reuters
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Six-year-old Palestinian-American boy murder case: US President Joe Biden says, '…reject Islamophobia and all forms of…'
Joe Biden in a statement. "This horrific act of hate has no place in America and stands against our fundamental values: freedom from fear for how we pray, what we believe, and who we are," he said. Biden urged Americans to unite against Islamophobia in the wake of the killing.
16.10 / 05:45
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War fries: McDonald’s Israel and Middle-East outlets clash over supporting Palestinian ‘brothers and sisters in Gaza’
earlier shared on social media that it had already donated 4,000 meals to hospitals and military units dedicated to Israeli soldiers fighting Hamas. It plans to donate thousands of meals every day to soldiers in the field and in drafting areas, it said.
16.10 / 05:37
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Joe Biden says Israeli occupation of Gaza would be 'big mistake'
Israel to occupy the Gaza Strip again would be a «big mistake,» US President Joe Biden said in an interview released on Sunday, as Israeli troops prepared for a ground invasion. Israel, seeking vengeance for an attack by Hamas on October 7, has declared war on the militant group, launching a relentless bombing campaign and warning more than a million people in northern Gaza to move south ahead of the operation. Asked by CBS news program 60 Minutes if he would support any occupation of Gaza by the American ally, Biden replied: «I think it'd be a big mistake.» Hamas «don't represent all the Palestinian people,» he continued. But invading and «taking out the extremists» is a «necessary requirement,» he added. The Hamas attack saw fighters shoot, stab and burn to death more than 1,400 people, most of them civilians.
16.10 / 04:19
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Updates
Israel-Hamas War Day 10: Rafah border crossing between Gaza and Egypt set to reopen today. 10 updates
Also read: Israel-Hamas war: Shocking video of Israelis urinating on dead Palestinians surfaces on internet 2. More than one million people have fled their homes in Gaza as Israel bombarded the Hamas-ruled Gaza Strip and continued in preparation for a full-blown ground invasion. 3.
16.10 / 03:55
UPS
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Parke
Don't add into defence, infra; get into these 2 sectors instead: Sunil Subramaniam
Sunil Subramaniam, MD & CEO, Sundaram Mutual, says “the infra play has got a little stretch in valuation. It is time for consumption to pick up. Because so far, whatever consumption has picked up has been premium consumption – be it premium housing, cars with prices over Rs 7 lakh. I think the mass consumption is yet to pick up. Come election year with liquidity floating in the market, this festival season numbers will also come in. It is a delayed festival season with Diwali coming only mid-November.” Where are your investments, apart from Sundaram Mutual Funds? Nothing apart from Sundaram Mutual Funds. Everything is in Sundaram.
16.10 / 03:49
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Israel-Palestine War: In timeline of attacks in Israel, wait for help seemed to be endless
Hamas attackers for five hours, before she was shot and killed. Others hid in the woods, barricaded themselves in safe rooms and waited for up to 26 hours for help to arrive. The slow response of Israeli forces on Saturday, a national holiday, gave Hamas terrorists many hours to infiltrate more than 20 towns outside Gaza, where they killed at least 1,200 people and took an estimated 150 hostages. Israeli officials declined to answer questions about the timing of their response to the attacks. Here's what we know about the timeline of some of the deadliest events and the official response, based on interviews with survivors and their family members, and an analysis of photos and video. Before the attacks Before 6:30 a.m. Israeli intelligence detected an unusual surge in activity on the Gazan militant networks it monitors and alerted the Israeli soldiers guarding the Gazan border. But the warning wasn't acted upon, either because the soldiers didn't receive the alert or the soldiers didn't read it. Start of attacks Around 6:30 a.m. The deadliest attacks in Israel's history started in many places at the same time.
16.10 / 03:49
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One million Gazans flee as Israel readies for ground attack
Gaza Strip since Israel began its bombardment against Hamas, the UN said on Sunday, warning of dire conditions on the ground. Israel declared war on the Islamist group last Sunday, a day after waves of its fighters broke through the heavily fortified border and shot, stabbed and burned to death more than 1,400 people, most of them civilians. The relentless bombing since against those who masterminded the attack have flattened neighbourhoods and left at least 2,670 people dead in the Gaza Strip, the majority ordinary Palestinians.
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