EZB8RISK / Market Briefing

Israel's news flow stays dominated by political and diplomatic friction, with a Dutch cabinet dispute over settlement goods and growing talk of a European boycott wave weighing on

Israel's news flow stays dominated by political and diplomatic friction, with a Dutch cabinet dispute over settlement goods and growing talk of a European boycott wave weighing on sentiment. On the economic side, officials are being urged to hold back pre-election spending, a sign of fiscal caution ahead of the vote, while approval of a shipping acquisition involving Israeli carrier ZIM drew attention in local business circles. With little hard market data in the burst, Israeli assets continue to trade against a backdrop of political uncertainty and strained trade relations with Europe.

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