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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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PM Promises Victory; Regional Tensions High, Little Sign Of Escalation
Mourning the loss of 11 Israeli soldiers in the ground offensive against Hamas in Gaza, Israeli PM Benjamin Netanyahu says that 'Gaza war will be long but will be fought until victory', implying no brief strike against Hamas and withdrawal, but a lengthier incursion into the Gaza strip by Israeli Defence Forces.
- Amid a seemingly Gaza-wide comms outage, there appears to be little sign at present of a widening of the conflict beyond the borders of Gaza. Most notably, Lebanon-based, Iran-backed Hezbollah has so far engaged in little more than sporadic rocket/missile attacks and border skirmishes. As the NYT notes, "Regionally, if Hezbollah opened a second front, it could prompt the United States to come to Israel’s aid."
- Comes as US Secretary of State Anthony Blinken is set to visit the region for the third time in quick succession on Friday 3 November. WaPo reports on Blinken's diplomatic efforts so far, "The effort — perhaps the most high-stakes moment in Blinken’s tenure as the top U.S. diplomat — was rare in that U.S. policy evolved on the fly. Blinken began the earlier trip with unreserved support for Israel’s military effort and ended it by pushing the Jewish state to be careful about civilian casualties and to allow aid into Gaza."
- State Dep't spox Matthew Miller also confirmed that Blinken would make "other stops in the region", but did not specify which countries the Secretary of State would be visiting.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.