JP Morgan: Trump win could boost emerging market stocks in Middle East and North Africa
The immediate financial effects of Donald Trump's election win included a surge in U.S. stocks, a stronger
Mediators and Hamas representatives meeting in Cairo have made "significant progress" toward a Gaza truce, according to AFP citing Egyptian state-linked TV. Egypt, Qatar, and the US have been working to secure a six-week ceasefire between Israel and Hamas before Ramadan starts next week. The proposed agreement includes the release of hostages taken during the October 7 Hamas attack, in exchange for Palestinian prisoners held by Israel. AFP reports that that a senior US official said Israel has broadly accepted the terms of the temporary truce, which includes increased aid deliveries to Gaza.
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