Geopolitical Hopes Underpin Risk Appetites
Despite ongoing hostilities in the Middle East, there is cautious optimism for a resolution. Israel has reportedly initiated a new offensive in Lebanon, which adds to the tensions in the region. The New Zealand dollar is currently leading the G10 currencies, buoyed by a hawkish stance from the Reserve Bank of New Zealand.
- ▪Many remain hopeful for a resolution in the Middle East despite ongoing hostilities.
- ▪Israel has launched a new offensive in Lebanon.
- ▪The New Zealand dollar is leading the G10 currencies due to a hawkish hold by the Reserve Bank of New Zealand.
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