Biden touts Israel-Lebanon ceasefire

This has been rumored for weeks and yesterday it was reported that it was coming imminently. Gold and oil have sold off substantially on it already. The vote to approve it in the Israeli cabinet was 10-1.

Sell the rumor, buy the fact?

Biden also says there will be a fresh push for a ceasefire in Gaza, which is something he surely sees as important for his legacy.

This article was written by Adam Button at www.forexlive.com.