Judges deny Netanyahu delay request in corruption trial

Judges have refused Prime Minister Benjamin Netanyahu’s request to delay his testimony in his ongoing corruption trial. The odds for Netanyahu’s departure by June 30 sit at 5.5% YES. With the trial now set to continue without further delay, markets are pricing in the possibility of a quicker resolution. The April 30 market remains at 0.2% YES, as the timeline is simply too tight. The May 31 and June 30 markets show mild interest at 3.4% and 5.5% YES, respectively. The 3-point rise from April to May suggests traders see a small but growing chance of political fallout as the trial progresses. This market trades lightly, with volume at $21,353 in USDC for the June 30 contract. A move of 5 percentage points requires $16,447, indicating moderate liquidity.

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