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Benny Gantz withdraws from Israel's election race after polls show his party below Knesset threshold
Benny Gantz, leader of the Blue and White party and former Israeli army chief and defense minister, announced on Monday that he will not run in the October 27 elections. His decision comes after opinion polls consistently showed his party falling below the 3.25% threshold required to enter the 120-seat Knesset (parliament).
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Asian stock markets broadly fell on Monday, with the Nikkei 225 down 2% and South Korean stocks down 1.6%. Oil prices declined as Donald Trump considered exempting some sanctions against Russia, with Brent crude falling 1.6% to $108.06 per barrel. Iran reported another oil tanker hitting a mine in the Strait of Hormuz.
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CITIC Securities: Market Overly Concerned About Debt of New Cloud Vendors Like Coreweave; Short-Term Funding Gap Still Manageable
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Oil steadies after Friday's jump; Middle East, Ukraine flare-ups dim crude flow prospects
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The euro fell against most G10 currencies as Russian risks and French protests weighed on trader sentiment.
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Barclays: Global data center new capacity growth will slow from over 100% in 2026 to approximately 35% in 2027, affected by physical bottlenecks and financing pressure.
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