**Recent Israeli election polls project a fragmented Knesset after the October 27 vote, with the pro-Netanyahu bloc and opposition Zionist parties each hovering near 52-54 seats, well short of the 61-seat majority needed for a stable coalition.** Arab parties hold the balance of power, while neither major bloc has secured clear partners for a government. President Isaac Herzog has signaled strong efforts to avoid a second round of elections, consistent with historical patterns where post-election coalition talks in Israel often extend several weeks. Traders appear to view the roughly two-month window to December 31 as sufficient for negotiations—including potential minority arrangements or cross-bloc understandings—to produce a passing vote of confidence in a new government, though fragmentation introduces notable uncertainty around timing and composition.