International Politics
The Israeli Foreign Minister has announced that the Israel-Lebanon ceasefire depends on Lebanon meeting specific conditions, including preventing Hezbollah from crossing the Litani River.
Israeli media revealed that the agreement will have no border buffer zone, with a monitoring group led by the United States, including France.
According to CNN, the ceasefire agreement is expected to be announced within the next 24 hours. U.S. representatives will also visit Saudi Arabia to discuss the possibility of a ceasefire.
Presidents Biden and Macron are expected to announce the ceasefire between Hezbollah and Israel within the next 36 hours.
International Economy
U.S. Stock Market: NASDAQ down, S&P 500 nearing a lower level, Dow Jones up 0.55%.
International Oil Prices: Brent crude down 3%, now at $72.33 per barrel. The Israel-Lebanon ceasefire agreement is believed to be the reason for the sharp drop in oil prices.
Gold and Cryptocurrency Markets: Spot gold down 3.5%, at $2,620 per ounce. Bitcoin continues to drop, falling below $93,000 per coin.
Fed and Monetary Policy: The probability of a Fed rate cut in December is 55.9%. The U.S. dollar strengthened quickly following Trump’s announcement of tariffs on products from Mexico and Canada.
Vietnamese Economy
Businesses propose self-determination of fuel prices, but the Ministry of Industry and Trade still wants to retain control to ensure market stability.
Proposal for a special consumption tax on soft drinks to protect public health.
Fruit and vegetable exports reached $6.6 billion in 11 months, up 27% year-on-year, driven by high international demand.
Situation in Russia and Europe
Russia pledges to expand ties with Afghanistan, helping the country achieve peace. The Taliban requests Russian assistance to ease pressure from sanctions.
The UK warns of possible Russian preparations for cyberattacks on the UK and NATO, aiming to undermine support for Ukraine.
Situation in Japan and the Middle East
Japan calls for an immediate ceasefire between Israel and Hezbollah to prevent conflict escalation.
Conclusion
The Israel-Lebanon ceasefire is expected to be a major turning point, opening up opportunities for peace in the Middle East and contributing to global economic stability. Close monitoring and staying updated is key to being prepared for changes. Don’t forget to stay updated with LiveTrade Pro to keep up with global developments!
