Axios: Israeli, US officials state Israel and Lebanon on the cusp of a ceasefire agreement

The Axios report cites Israeli and US officials

• Israel and Lebanon are on the cusp of a ceasefire agreement

Israeli media has reported that Israel agreed in principle to the proposal for a ceasefire in Lebanon

• Israel Broadcasting Corporation agreement with Lebanon not yet reached, issues remain.

We’ll see. Remember though, for markets hope is a four-letter word.

This article was written by Eamonn Sheridan at www.forexlive.com.