Israeli stock market gains despite regional instability
The Tel Aviv Stock Exchange (TASE) rose on Tuesday, and the screens continued to be green, three days…
#NewsBeep #News #BreakingNews #breakingnews #Economy #Iran #Israel #OperationRoaringLion #Shekel #telavivstockexchange #TheMediaLine
https://www.newsbeep.com/417550/
#FX #Israeli #shekel is down around 3.4% against USD since the end of Aug, one of the weakest performances globally.
#Israel ’s risk premium, as measured by credit default swap contracts
#CDS, is around the highest in 12y, chart @economics
https://www.bloomberg.com/news/articles/2024-10-09/israel-holds-rates-as-multi-front-conflict-pushes-up-inflation Bloomberg - Are you a robot?
FX: Big Mac Index shows
#Israel #Shekel is 20.5% undervalued against US
#Dollar --- chart @TheEconomist
https://www.economist.com/big-mac-index
Our Big Mac index shows how burger prices differ across borders
Using patty-power parity to think about exchange rates
Bloomberg - Are you a robot?
FX:
#Israel ’s currency strengthened as traders weighed efforts by global leaders to avert a wider
#MiddleEast war following a direct attack by
#Iran -
#shekel advanced as much as 0.7% to 3.7275 per USD on Monday, before paring gains to trade 0.3% higher, chart @markets
https://www.bloomberg.com/news/articles/2024-04-15/israeli-shekel-gains-as-traders-watch-response-to-iran-attack?srnd=markets-vp
Israel Shekel (ILS/USD) Gains as Traders Watch Response to Iran Attack
Israel’s currency strengthened as traders weighed efforts by global leaders to avert a wider Middle East war following a direct attack by Iran.
FX:
#Israel ILS vs US
#Dollar -- The strongest performer since FOMC meeting Nov. 01: Israeli
#shekel - chart @JohnAuthers
https://www.bloomberg.com/opinion/authors/AT2bBytfUHQ/john-authers
John Authers - Bloomberg
John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”
Meet Israeli ‘Government’s CFO’ Managing the Fiscal Shock of the Gaza War
When a team of Israeli technocrats that calls itself the “government’s CFO” scans the battlefield with the war against Hamas almost seven weeks in, it sees an accounting ledger with billions of debits stacking up.
FX:
#Israel #shekel is less than 1% away from erasing the depreciation seen since Oct. 7, the day the
#war began. It’s recovered about 5% of its value against US
#Dollar since reaching an 11y low late last month, chart @markets
https://www.bloomberg.com/news/articles/2023-11-07/israeli-shekel-recoups-most-war-losses-with-central-bank-support#xj4y7vzkg
Israeli Shekel (ILS USD) Recoups Most War Losses With Central Bank Support
Israel’s shekel has recouped its losses since the war between Israel and Hamas began, with the central bank revealing on Tuesday that it sold more than $8 billion in October to defend it.
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