**Recent Cairo talks among Palestinian factions, Egypt, Qatar, and Turkey in early June 2026 represent the most recent diplomatic effort to advance Phase II of the US-brokered Gaza ceasefire plan.** Phase II focuses on Hamas disarmament, establishment of a technocratic Palestinian administration (National Committee for the Administration of Gaza), Israeli withdrawal beyond the current “Yellow Line” buffer, and reconstruction under a Board of Peace framework announced in January 2026. Implementation remains stalled over core disagreements: Israel conditions further steps on verifiable disarmament and has continued limited strikes and demolitions, while Hamas links any weapons handover to full Phase I compliance and withdrawal. Ongoing ceasefire violations, including reported Palestinian deaths exceeding 970 since the October 2025 truce, and Netanyahu’s description of the Phase II launch as largely symbolic underscore persistent implementation risks. Upcoming mediated sessions and any movement on disarmament timelines or aid flows could shift trader assessments of whether Phase II milestones are reached by the market’s resolution date.
สรุปจาก AI ทดลองที่อ้างอิงข้อมูลจาก Polymarket ไม่ใช่คำแนะนำในการเทรดและไม่มีผลต่อการตัดสินตลาดนี้ · อัปเดตแล้วHamas delegation departs Cairo for consultations amid stalled talks
Following stalled negotiations in Cairo, the Hamas delegation left for Turkey to consult before potentially returning to Cairo. The unresolved disputes over disarmament and governance continued to dampen market confidence in a Phase II ceasefire agreement.
Israeli Prime Minister Netanyahu denounces settler violence amid Gaza tensions
December 31 plunges to 9%18%
Netanyahu publicly condemned settler violence as a 'metastasizing cancer,' reflecting internal Israeli political tensions that complicate ceasefire negotiations and reduce optimism for a Phase II agreement by the October deadline.
Continued Israeli strikes in Gaza kill dozens despite ceasefire
December 31 dips to 9%4%
Israeli military actions persisted during the ceasefire, killing numerous Palestinians and causing humanitarian concerns. These violations undermined trust in the ceasefire's durability and contributed to the market's sharp decline in Phase II agreement probability.
Israeli airstrikes kill Palestinians amid ceasefire violations
December 31 plunges to 9%18%
Israeli strikes killed multiple Palestinians in Gaza despite the ceasefire, with Hamas accusing Israel of violations. This ongoing violence further eroded trust and market confidence in a Phase II ceasefire agreement by the resolution dates.
Continued Israeli strikes kill over 1,000 Palestinians since ceasefire began
December 31 rises to 28%1%
Israeli military actions have killed more than 1,000 Palestinians since the October 2025 ceasefire, with ongoing violations and humanitarian crises undermining ceasefire implementation and reducing market confidence in Phase II agreement.
Hamas announces resignation of Gaza civil administration amid ceasefire stalemate
December 31 plunges to 13%15%
Hamas reiterated its readiness to hand over governance to a technocratic committee but criticized Israeli delays and new demands, highlighting the impasse in ceasefire implementation and contributing to market pessimism.
Market falls amid ongoing ceasefire violations and stalled negotiations
July 31 dips to 1%4%
Continued Israeli military operations and Hamas accusations of ceasefire breaches, combined with Hamas's rejection of disarmament proposals and lack of progress in talks, led to a sharp decline in market confidence that a Phase II agreement would be reached by the deadline.
Hamas accuses Israel of undermining ceasefire and stalling Phase II talks
July 31 drops to 1%7%
Hamas publicly accused Israel of violating the ceasefire and undermining efforts to advance Phase II, citing Israeli military actions and political statements. This hardened positions and diminished market expectations for a formal Phase II agreement by the July 31 resolution date.
Negotiations in Cairo end without progress on Hamas disarmament
July 31 dips to 7%1%
A round of ceasefire negotiations in Cairo concluded without agreement on disarming Hamas or other armed groups, leaving the date for the Palestinian national committee's entry into Gaza unknown. This stalemate maintained market pessimism about a Phase II agreement.
Israeli airstrike kills senior Hamas commander Raed Saad in Gaza
July 31 plunges to 7%35%
Israel killed Raed Saad, a senior Hamas military commander and weapons chief, in an airstrike in Gaza. Hamas condemned the strike as a ceasefire violation, escalating tensions and undermining trust necessary for Phase II negotiations, leading to a sharp market price drop.
Hamas reasserts control in Gaza amid stalled ceasefire implementation
Despite dissolving its government, Hamas maintained firm control over parts of Gaza not occupied by Israel, resisting disarmament and security handover, signaling continued deadlock and dampening market hopes for a Phase II deal.
Market reacts to mixed signals on Gaza ceasefire Phase II progress
July 31 surges to 27%24%
A brief market rally occurred amid reports of ongoing mediated talks and some openness from Hamas toward logical ideas for Phase II, but persistent Israeli military actions and political statements continued to undermine confidence, causing volatile price swings.
Hamas elects Khalil al-Hayya as new head of political bureau
Hamas announced Khalil al-Hayya as its new political leader, signaling internal leadership changes amid ongoing ceasefire stalemate. This event reflected Hamas's continued political consolidation, with no progress on Phase II, maintaining market doubts.
Hamas calls for international pressure on Israel to allow technocratic committee to govern Gaza
Following the dissolution of its government, Hamas urged mediators and the international community to pressure Israel to permit the technocratic committee's entry into Gaza, highlighting ongoing political deadlock and lack of progress on Phase II implementation.
Hamas accuses Israel of undermining ceasefire talks, calls for mediator action
December 31 dips to 26%1%
Hamas spokesman Hazem Qassem accused Israel of violating ceasefire terms and undermining Phase II negotiations, urging mediators to take a clear stance. This reinforced market skepticism about the likelihood of a Phase II agreement soon.
Hamas shows openness to second phase but blames Israel for stalling
July 31 jumps to 17%14%
Hamas spokesman stated ongoing contact with mediators and openness to reasonable approaches for Phase II, but accused Israel of undermining progress through military actions and political statements. This mixed message caused brief market optimism followed by renewed doubts.
Hamas announces resignation of civil administration under Gaza peace plan
Hamas announced the resignation of its civil administration in Gaza, signaling a political shift and an attempt to advance the ceasefire deal. However, Hamas retained security control and refused to disarm, maintaining the deadlock and limiting market confidence in a Phase II agreement.
Hamas appeals to mediators to pressure Israel to allow technocratic committee into Gaza
Hamas urged international mediators to push Israel to permit the US-backed technocratic committee to enter Gaza and assume administrative duties, reflecting ongoing political stalemate and lack of progress on Phase II, which kept market prices low and volatile.
Netanyahu dismisses Gaza ceasefire Phase II as largely symbolic
December 31 drops to 13%14%
Israeli Prime Minister Netanyahu publicly downplayed the significance of the second phase of the ceasefire, calling it symbolic and expressing skepticism about its practical implementation, which further eroded market confidence in a full agreement.
Israeli strike kills Hamas top military commander Mohammed Deif
December 31 plunges to 8%19%
An Israeli strike in Khan Younis killed Mohammed Deif, Hamas’s top military commander, escalating tensions and complicating ceasefire negotiations. This event likely reduced market confidence in a timely Phase II agreement.
Israeli strike kills Hamas military commander Mohammed Deif
An Israeli strike in Khan Younis killed Mohammed Deif, Hamas's top military commander. This escalation further strained ceasefire talks and diminished prospects for a Phase II agreement, reflected in market price volatility and decline.
Israeli strikes kill Palestinians amid stalled ceasefire talks
Israeli military operations continued with strikes killing Palestinians including civilians, despite the ceasefire. These ongoing hostilities and humanitarian concerns further eroded trust in ceasefire implementation and Phase II negotiations.
Gaza Reconstruction Fund Remains Empty Nine Months After Ceasefire Amid Stalled Phase II
December 31 drops to 26%9%
Reports revealed that the $17 billion Gaza reconstruction fund has received zero dollars due to the lack of a political agreement, as Phase II remains stalled over Hamas's disarmament and Israel's withdrawal.
Hamas Accuses Israel of Systematically Undermining Phase II Diplomatic Efforts
December 31 drops to 26%8%
Hamas spokesmen stated that Israel's continued military operations and territorial expansion plans systematically undermine the transition to Phase II, driving the December 31 contract down.
Israeli Prime Minister Netanyahu confirms military control of nearly 70% of Gaza amid ceasefire
Netanyahu stated that Israeli forces have expanded control over nearly 70% of Gaza, contradicting ceasefire expectations of withdrawal. This military expansion and ongoing strikes have increased skepticism about the feasibility of Phase II, negatively impacting market prices.
Israeli military expands control in Gaza despite ceasefire, increasing tensions
December 31 dips to 27%1%
Israeli forces pushed deeper into Gaza territory beyond the 'yellow line,' intensifying conflict dynamics and undermining confidence in the ceasefire's second phase, contributing to market pessimism about a Phase II deal.
Israeli Prime Minister Netanyahu confirms expanding control over Gaza
July 31 drops to 10%12%
Netanyahu stated Israeli forces controlled about 60% of Gaza and planned to expand control to 70%, contradicting ceasefire terms and increasing tensions. This military expansion contributed to market skepticism about the feasibility of a Phase II agreement by July 31.
Israeli military expands control to nearly 70% of Gaza despite ceasefire
Israeli Prime Minister Netanyahu announced expanding military control over nearly 70% of Gaza, intensifying displacement and undermining ceasefire terms. This military expansion increased doubts about Phase II progress and contributed to market declines.
Israeli strikes kill five Palestinians amid stalled ceasefire talks
On July 10, 2026, Israeli strikes killed at least five Palestinians in Gaza, highlighting ongoing violence despite the ceasefire. The continued military operations and stalled negotiations on disarmament and governance contributed to market pessimism about a Phase II ceasefire agreement.
Israeli strikes kill five Palestinians amid ongoing ceasefire
July 31 rises to 31%4%
Despite the ceasefire, Israeli military operations continued, killing civilians including children, highlighting the fragile nature of the truce and ongoing hostilities that complicate progress toward a second phase agreement.
Israeli strikes kill civilians amid stalled ceasefire talks
Despite the ceasefire, Israeli military operations continued with strikes killing at least five Palestinians including a child, highlighting ongoing violence and complicating ceasefire implementation. This maintained market uncertainty about the likelihood of a second phase agreement by July 31.
Israeli and Egyptian military officials discuss advancing Gaza ceasefire second phase
Senior Israeli and Egyptian military officials held talks in Cairo on advancing the second phase of the Gaza ceasefire, focusing on Israeli withdrawal and reconstruction efforts. Concurrent Hamas delegation talks with mediators underscored ongoing diplomatic efforts despite persistent tensions, influencing market perceptions.
Hamas Rebuffs Disarmament Proposals as a Trap to Ignite Civil War
December 31 drops to 26%8%
Reports emerged that Hamas viewed the disarmament demands as a trap designed to leave Palestinians defenseless and spark internal conflict. This firm stance solidified the deadlock, leading to a final drop in the December contract's probability.
Israel controls nearly 70% of Gaza amid ceasefire stalemate
December 31 plunges to 9%18%
Israeli Prime Minister Netanyahu stated that Israeli forces have expanded control to about 70% of Gaza, contradicting ceasefire expectations of withdrawal. This military expansion and ongoing violence undermined confidence in Phase II negotiations and contributed to market price declines.
Israeli and Egyptian military officials hold talks on Gaza ceasefire's second phase
Senior Israeli and Egyptian military officials met in Cairo to discuss advancing the second phase of the Gaza ceasefire agreement. The talks coincided with a Hamas delegation meeting mediators, but disagreements over disarmament and security arrangements persisted, limiting progress.
Israeli strikes kill Palestinians despite ongoing ceasefire
July 31 dips to 20%2%
Israeli military operations continued with strikes killing several Palestinians, including civilians, despite the ceasefire agreement. These actions undermined trust and stalled progress on the second phase of the ceasefire, negatively impacting market confidence in a Phase II deal by July 31.
Israeli Forces Expand Footprint to Control Nearly 70% of Gaza Despite Ceasefire
December 31 drops to 26%8%
Reports revealed that Israeli forces have pushed deeper into Gaza, expanding control to nearly 70% of the territory, which severely undermined the prospects of a Phase II agreement involving Israeli withdrawal.
Hamas accuses Israel of violating first phase ceasefire commitments
December 31 drops to 26%7%
Hamas publicly condemned Israel for not fulfilling its obligations under the first phase ceasefire, citing ongoing killings and humanitarian restrictions. This accusation heightened market concerns about the feasibility of advancing to Phase II, leading to price declines.
Senior Israeli and Egyptian Officials Meet in Cairo to Discuss Next Stage of Gaza Ceasefire
December 31 drops to 26%8%
Israeli and Egyptian military officials held discussions in Cairo to advance Phase II of the ceasefire, but the talks remained stalled over the contentious issue of Hamas disarmament.
Israeli strikes kill multiple Palestinians including children despite ceasefire
Israeli military operations continued with strikes killing civilians including children, highlighting ongoing ceasefire violations and humanitarian concerns that contribute to the stalled negotiations and low market confidence in a Phase II agreement.
Israeli strikes kill Palestinians amid stalled ceasefire talks
Israeli military operations continued with strikes killing Palestinians in Gaza despite the ceasefire, highlighting ongoing violence and undermining trust in ceasefire implementation. This contributed to market pessimism about a Phase II agreement by the resolution dates.
Israeli forces attempt assassination of Hamas spokesman Hazem Qassem
An Israeli airstrike targeted Hamas spokesman Hazem Qassem but failed to kill him, underscoring ongoing hostilities and ceasefire violations that undermine trust and progress toward a Phase II ceasefire agreement, keeping market confidence low.
Hamas holds crucial talks in Cairo on Gaza ceasefire's second phase
A Hamas delegation met with Egyptian officials in Cairo to discuss arrangements for implementing the second phase of the Gaza ceasefire, signaling readiness to hand over Gaza administration and pave the way for further Israeli withdrawal. Despite these talks, no official agreement was announced, limiting market optimism.
Board of Peace Pushes Gaza Pilot Zone as Disarmament Talks Remain Deadlocked
July 31 drops to 3%5%
The Board of Peace attempted to bypass stalled disarmament negotiations by planning a pilot humanitarian zone in Rafah, but the lack of a formal Phase II agreement caused July 31 odds to collapse to 3%.
Hamas holds crucial talks in Cairo on Gaza ceasefire's second phase
July 31 surges to 42%39%
A Hamas delegation met with Egyptian officials in Cairo to discuss preparations for implementing the second phase of the Gaza ceasefire, including full Israeli withdrawal and governance transfer. This diplomatic effort raised hopes for progress, contributing to a sharp price increase to 42% for the July 31 outcome.
Hamas delegation arrives in Egypt for renewed Gaza ceasefire talks
July 31 rises to 31%4%
A Hamas delegation led by Khalil al-Hayya arrived in Egypt to continue negotiations with mediators focusing on aid, the second phase, and governance arrangements, indicating ongoing diplomatic efforts to advance the ceasefire despite stalled progress.
Israeli attempt to assassinate Hamas spokesman Hazem Qassem fails amid ongoing ceasefire violations
December 31 plunges to 8%20%
Israel attempted but failed to assassinate Hamas spokesman Hazem Qassem, while continuing airstrikes killed civilians in Gaza. These events highlighted ongoing violence despite the ceasefire, reinforcing market skepticism about the feasibility of a comprehensive Phase II agreement by the resolution dates.
Israeli airstrike kills Gaza humanitarian worker amid ongoing ceasefire violations
On July 8, 2026, Israeli forces killed a humanitarian worker in Gaza, and on July 9, an assassination attempt on a Hamas spokesman failed. These incidents underscored ongoing ceasefire violations and violence despite the ceasefire agreement, reinforcing market doubts about the feasibility of a Phase II deal.
Cairo talks on Gaza ceasefire Phase II end without progress on disarmament
December 31 dips to 31%2%
Negotiations in Cairo between Hamas and mediators ended without agreement on disarming Hamas and other armed groups, a key sticking point for Phase II. The failure to resolve this issue maintained market pessimism about a second phase deal.
Hamas and Israel trade accusations over ceasefire breaches amid ongoing violence
July 31 drops to 3%5%
Both sides accused each other of violating the ceasefire through military actions and strikes, with Hamas highlighting Israeli attacks on civilian areas. These mutual accusations underscored the fragile ceasefire and diminished prospects for a Phase II agreement by July 31.
Board of Peace announces pilot zone plan in Gaza amid ceasefire violations
The US-led Board of Peace announced plans to establish a pilot zone in Gaza to move vetted unarmed civilians to Israeli-controlled areas, while Israeli forces reported multiple ceasefire violations by Hamas. This highlighted ongoing tensions and the fragile nature of the ceasefire, dampening market optimism about Phase II progress.
Board of Peace Warns Ceasefire Will Be Null and Void Without Hamas Disarmament
July 31 drops to 3%5%
Nickolay Mladenov warned the Palestinian technocratic government that failing to accept disarmament would nullify the October 2025 ceasefire. This ultimatum severely damaged the prospects of a peaceful transition to Phase II, causing prices to slide further.
Hamas reaffirms commitment to ceasefire amid stalled second phase talks
July 31 rises to 31%4%
Hamas reiterated its readiness to hand over governance to the technocratic committee and abide by ceasefire terms, signaling commitment despite deadlocked negotiations over disarmament and reconstruction.
Mediators Report Stalled Progress as Hamas Drags Out Disarmament Talks
July 31 drops to 7%12%
Diplomats from Egypt, Qatar, and Turkey noted that Hamas was seeking to drag out negotiations regarding disarmament, while Israel's own compliance issues with Phase I further blocked progress, driving down the short-term July outlook.
Israel Dismisses Hamas Government Dissolution as Stalled Peace Plan Faces Disarmament Deadlock
July 31 plunges to 7%15%
Despite Hamas's symbolic dissolution of its Gaza government, Israel dismissed the move and negotiations remained deadlocked over the core issue of Hamas's disarmament, causing the July 31 option to drop sharply.
Israel and Hamas clash over delay of Gaza ceasefire phase two after killing of senior Hamas commander
July 31 drops to 7%5%
Following the Israeli airstrike killing senior Hamas commander Raed Saad, Hamas condemned the attack as a ceasefire violation threatening the peace plan, while Israel insisted on disarmament and return of captive remains before advancing Phase II, causing market prices to drop sharply for the July 31 outcome.
Israeli officials dismiss Hamas government dissolution as symbolic without disarmament
Israeli officials rejected Hamas's announcement as a deceptive move lacking practical significance since Hamas retained weapons and control, reinforcing market skepticism about meaningful progress toward Phase II ceasefire agreement.
Hamas condemns Israel for breaching first phase ceasefire commitments
July 31 drops to 11%11%
Hamas accused Israel of failing to fulfill obligations under Phase I, including continued killings and inadequate humanitarian aid, while Hamas claimed compliance. This deepened mistrust and skepticism about advancing to Phase II, contributing to market price declines.
Israeli Foreign Minister Gideon Saar Dismisses Hamas Dissolution as a Trick to Avoid Disarmament
July 31 drops to 7%11%
Israeli Foreign Minister Gideon Saar expressed deep skepticism over Hamas's announcement, calling it a trick designed to prevent its disarmament and maintain its military capabilities.
Israel Downplays Hamas Government Dissolution as Stalling Spin
July 31 drops to 8%11%
Israeli officials dismissed Hamas's dissolution of its government as mere 'spin' and 'stalling' because civil servants would keep their jobs and Hamas still refused to disarm. This pushed July 31 odds down from 19% to 8%.
Israeli Foreign Minister Gideon Sa'ar dismisses Hamas move as a trick to avoid disarmament
December 31 rises to 41%1%
Israeli Foreign Minister Gideon Sa'ar downplayed the dissolution of the Gaza government, warning that Hamas seeks to retain its weapons while letting a technocratic administration handle municipal services.
Hamas announces resignation of Gaza civil administration under peace plan
December 31 drops to 13%14%
Hamas announced it was stepping down from Gaza's civil administration as part of the peace plan, signaling political shifts but also uncertainty about governance and ceasefire implementation, which negatively affected market confidence.
Hamas dissolves its government in Gaza to transfer power to UN-backed committee
December 31 drops to 26%9%
Hamas announced the dissolution of its government in Gaza and preparation to transfer power to a UN-backed technical committee, a step towards Phase II implementation. However, this did not resolve core issues like disarmament, maintaining market uncertainty.
Hamas announces plan to dissolve Gaza government amid stalled ceasefire progress
December 31 plunges to 11%16%
Hamas declared it would dissolve its government in Gaza, aiming to transfer governance to a Palestinian technocratic committee as per the ceasefire plan, but refused to mention disarmament, highlighting stalled Phase II progress and ongoing Israeli military actions.
Israel conditions ceasefire continuation on Hamas disarmament, warns of voiding agreement
December 31 surges to 46%24%
The Board of Peace High Representative warned that failure to accept Hamas disarmament would nullify the October 2025 ceasefire terms. Israel's insistence on verifiable disarmament amid ongoing strikes heightened tensions and reduced market confidence in Phase II progress.
Hamas Condemns Israeli Military Expansion and Accuses Netanyahu of Violating Ceasefire
December 31 surges to 39%17%
Hamas political bureau member Bassem Naim condemned Prime Minister Netanyahu's order to expand military control over Gaza, calling it a blatant violation of the existing truce and stalling Phase II negotiations.
Hamas dissolves Gaza government, emphasizing commitment to ceasefire despite ongoing Israeli attacks
Hamas's dissolution of its civilian governing body was a symbolic gesture to demonstrate commitment to the ceasefire, but the group maintained control over security and did not agree to disarm, keeping the second phase negotiations stalled and market confidence low.
Hamas condemns Israeli expansion in Gaza as blatant ceasefire violation
July 31 dips to 19%3%
Hamas publicly accused Israel of violating the ceasefire by expanding military control to 70% of Gaza, intensifying violence and starvation, which heightened doubts about the viability of the ceasefire's second phase and pressured the market downward for the July 31 outcome.
Israel Dismisses Hamas Government Resignation as Meaningless Political Spin
December 31 surges to 40%19%
Israeli political sources dismissed the dissolution of the Hamas government as a public relations stunt, stating that Hamas employees would remain in their positions and maintain control.
Israeli strikes and ongoing violence complicate Gaza ceasefire progress
December 31 surges to 41%19%
Despite the ceasefire agreement, Israeli military strikes continued in Gaza, causing over 1,000 Palestinian deaths since the ceasefire began. Hamas maintained control over parts of Gaza and refused disarmament, complicating the implementation of the second phase and contributing to market uncertainty.
Hamas Announces Resignation of Civil Administration Under Gaza Peace Plan
December 31 plunges to 22%23%
Hamas announced the resignation of its civil administration, dealing a major blow to the implementation of the U.S.-backed peace plan and causing a sharp drop in market confidence for a Phase II agreement.
Hamas dissolves Gaza government to transfer power to UN-backed committee
December 31 plunges to 8%19%
Hamas announced the dissolution of its Gaza government as a symbolic gesture to facilitate the ceasefire plan's implementation, transferring governance to a technocratic committee. However, the move omitted disarmament and did not significantly advance the second phase, contributing to market pessimism.
Hamas Announces Dissolution of Gaza Government to Pave Way for Technocratic Administration
December 31 surges to 45%23%
Hamas announced it would dissolve its governing authority in Gaza to allow the US-backed National Committee for the Administration of Gaza (NCAG) to take over, though it made no promise to disarm unilaterally.
Hamas Delegation Arrives in Cairo to Address Ceasefire Violations and Phase II Roadmap
December 31 surges to 40%18%
A Hamas delegation led by West Bank leader Zaher Jabarin arrived in Cairo to meet with mediators. While intended to discuss the Phase II roadmap, the focus heavily shifted to stopping Israeli violations, highlighting the ongoing friction preventing progress.
Hamas dissolves Gaza government, transfers authority to UN-backed technocratic committee
December 31 rises to 24%2%
Hamas announced the dissolution of its Gaza government and the transfer of administrative authority to the National Committee for the Administration of Gaza, a technocratic body based in Cairo. However, Hamas did not commit to disarmament or security handover, key elements of Phase II, leading Israel and mediators to dismiss the move as symbolic and insufficient for advancing the ceasefire.
Hamas dissolves Gaza government to transfer power to UN-backed committee
Hamas announced it dissolved its government in Gaza, preparing to hand over governance to a UN-backed technocratic committee as part of the ceasefire deal. This symbolic move aimed to pressure Israel amid stalled second phase negotiations but did not include disarmament, a key Israeli demand, maintaining uncertainty about agreement progress.
Hamas announces dissolution of Gaza government under ceasefire deal
July 31 drops to 8%11%
Hamas dissolved its government in Gaza to transfer power to a UN-backed technocratic committee as part of the US-brokered ceasefire deal. This symbolic move aimed to pressure Israel amid stalled second phase negotiations but did not include disarmament, a key Israeli demand, maintaining uncertainty about agreement progress.
Hamas appeals to mediators to pressure Israel on ceasefire implementation
July 31 rises to 31%4%
Hamas accused Israel of undermining ceasefire efforts through military actions and political statements, calling on mediators to take a clear position and prevent escalation, reflecting ongoing tensions and stalled negotiations.
Hamas dissolves Gaza government, transferring power to UN-backed committee
Hamas announced the dissolution of its Gaza government to transfer authority to a UN-backed technocratic committee as part of the US-brokered ceasefire deal. This symbolic move aimed to pressure Israel to fulfill ceasefire obligations but did not include disarmament, a key Phase II requirement, maintaining negotiation deadlock.
Israel dismisses Hamas government dissolution, calls for progress on peace plan
December 31 dips to 26%1%
Israel dismissed Hamas's move to dissolve its government as insufficient without disarmament and full implementation of ceasefire terms. Israeli officials emphasized the need for Hamas to disarm before advancing Phase II, contributing to market skepticism about a near-term agreement.
Hamas appeals to international community to pressure Israel on ceasefire obligations
Following the government dissolution announcement, Hamas urged mediators and the international community to pressure Israel to allow the technocratic committee to enter Gaza and fulfill ceasefire commitments. This highlighted ongoing impasse and lack of progress on Phase II negotiations.
US Ambassador urges Hamas to disarm to enable Gaza reconstruction
December 31 surges to 43%21%
US Ambassador to the UN Mike Waltz emphasized that Hamas must disarm to allow Gaza's rebuilding, reinforcing international pressure on Hamas and Israel to uphold ceasefire terms amid ongoing clashes. This statement increased market doubts about Hamas's willingness to disarm, causing price fluctuations.
Israeli military operations continue amid ceasefire, killing Palestinians
Despite the ceasefire, Israeli military operations continued almost daily, killing several Palestinians including civilians. These ongoing violations undermined trust in the ceasefire process and stalled progress on Phase II negotiations, negatively impacting market confidence.
Hamas dissolves Gaza government, signaling stalled ceasefire progress
Hamas announced the dissolution of its government in Gaza to transfer power to a UN-backed technocratic committee as part of the ceasefire deal. The move was symbolic and did not include disarmament, a key Phase II requirement, highlighting the deadlock and increasing market doubts about a Phase II agreement.
Hamas rejects Israeli ultimatum to disarm within 60 days
December 31 surges to 39%17%
Hamas publicly rejected Israel's demand for disarmament, warning of serious regional repercussions. This hardened positions and decreased market confidence in reaching a Phase II ceasefire agreement by the resolution dates.
Hamas announces resignation of its civil administration under Gaza peace plan
December 31 dips to 37%2%
Hamas announced the resignation of its civil administration, signaling internal political shifts and complicating the implementation of the ceasefire's second phase. This development underscored the fragile political situation and contributed to market skepticism about a Phase II agreement.
Reports of Hamas stalling disarmament negotiations amid Israeli political uncertainty
December 31 rises to 22%1%
Reports indicated Hamas was adopting a strategy to stall disarmament talks until the end of 2026, mirroring Israel's own political calculations ahead of upcoming elections, contributing to market uncertainty and price fluctuations.
Hamas decides to stall for time in Gaza disarmament and postwar negotiations
December 31 rises to 22%2%
Reports emerged that Hamas decided to adopt a strategy of stalling for time in indirect negotiations until the end of 2026, recognizing that Prime Minister Benjamin Netanyahu was doing the same due to the upcoming Knesset election.
UN-backed Board of Peace reports stalled Gaza ceasefire progress
July 31 jumps to 27%11%
The Board of Peace reported highly productive meetings but acknowledged the path forward remains unclear amid accusations of ceasefire violations by both sides and Hamas's refusal to disarm, maintaining uncertainty about Phase II implementation.
IMF cuts Israel's 2026 economic growth forecast to 3.5% over regional tensions
December 31 plunges to 21%15%
The International Monetary Fund lowered its projection for Israel's economic growth from 4.8% to 3.5%, citing ongoing regional conflicts with Iran, Hezbollah, and Hamas, which highlighted the persistent instability and stalled peace progress.
Hamas Rejects U.S.-Backed Disarmament Plan as Ceasefire Negotiations Stall
December 31 plunges to 23%22%
Hamas officially declined to accept a U.S.-backed disarmament framework proposed by the Board of Peace, demanding instead that Israel first fulfill its Phase I obligations. This rejection deepened the diplomatic deadlock and caused a sharp drop in market confidence for a Phase II agreement.
Board of Peace finalizes Gaza plans but timeline uncertain due to Hamas disarmament refusal
The Board of Peace's envoy stated that Hamas's refusal to disarm remains the main obstacle to implementing Phase II and allowing the technocratic committee to govern Gaza. This official stance confirmed the deadlock and contributed to the market's low probability for a Phase II agreement by June 30.
Hamas delegation holds talks in Cairo on Gaza ceasefire implementation
December 31 plunges to 20%25%
A Hamas delegation met with Egyptian officials and mediators in Cairo to discuss the implementation of the Gaza ceasefire, focusing on Israeli ceasefire violations, aid entry, reconstruction, and the roadmap for the second phase. These talks represented the latest diplomatic effort to advance Phase II but core disagreements remained, contributing to market uncertainty.
Hamas announces resignation of Gaza government under ceasefire plan
Hamas dissolved its Gaza government to transfer power to a UN-backed technocratic committee as part of the ceasefire deal, signaling political shift but not resolving disarmament or Israeli withdrawal issues, maintaining market uncertainty.
Hamas accuses Israel of blatant ceasefire violation over Gaza advances
December 31 plunges to 15%30%
Hamas publicly accused Israel of violating the ceasefire by expanding military control over Gaza, undermining trust and escalating tensions. This accusation contributed to market declines as it signaled stalled ceasefire progress and increased risk of breakdown.
US Special Envoy announces commencement of Gaza ceasefire Phase II
December 31 dips to 44%1%
On January 14, 2026, US Special Envoy Steve Witkoff announced the start of Phase II of the Gaza ceasefire plan, involving discussions on Hamas disarmament and Israeli withdrawal. This official announcement marked the formal beginning of Phase II, temporarily boosting market confidence.
Israel warns ceasefire void if Hamas refuses disarmament proposal
December 31 plunges to 7%37%
Israel, via the US-backed Board of Peace, warned that failure by Hamas to accept a disarmament proposal would render the October 2025 ceasefire null and void. This increased market concerns about the ceasefire's durability and the likelihood of Phase II agreement.
Continued Israeli strikes and stalled ceasefire talks dampen hopes for Phase II agreement
December 31 plunges to 26%19%
By late June 2026, Israeli military operations persisted despite the ceasefire, with over 1,000 Palestinians killed since October 2025. Negotiations for the second phase remained stalled due to disagreements over Hamas disarmament and Israeli withdrawal, reducing market confidence in a Phase II deal by December 31.
Hamas delegation in Cairo continues talks amid accusations of Israeli ceasefire violations
June 30 dips to 1%1%
Hamas officials in Cairo pressed for an end to Israeli ceasefire violations and discussed reconstruction and Phase II roadmap, but no breakthrough was reported. The ongoing stalemate and mutual accusations kept market confidence in a Phase II agreement very low.
US Ambassador urges Hamas to disarm to enable Gaza rebuilding
July 31 jumps to 30%8%
US Ambassador to the UN Mike Waltz emphasized that Hamas must disarm to allow reconstruction in Gaza, reinforcing international pressure on both sides to uphold ceasefire terms amid ongoing clashes. This increased market optimism for a second phase agreement by July 31, reflected in a price jump to 30%.
US Ambassador urges Hamas to disarm for Gaza rebuilding
December 31 drops to 15%7%
US Ambassador to the UN Mike Waltz emphasized that Hamas must disarm to enable Gaza's reconstruction, reinforcing international pressure and highlighting a key sticking point in Phase II negotiations, affecting market sentiment negatively.
Hamas reports progress in Cairo talks on Gaza ceasefire implementation
December 31 plunges to 21%24%
Hamas announced that acceptable approaches had been reached on contentious ceasefire issues during talks in Cairo, signaling some diplomatic progress but the ceasefire remained fragile amid ongoing disputes and violations.
Israel accused of violating ceasefire with expanded control over Gaza
Hamas condemned Israeli Prime Minister Netanyahu's order to expand military control over 70% of Gaza, calling it a blatant violation of the ceasefire. This escalation increased tensions and undermined trust in the ceasefire, contributing to market declines in the likelihood of a Phase II agreement.
Israel resumes military operations in Gaza, ending January ceasefire
December 31 plunges to 22%23%
Israel launched extensive airstrikes on Gaza, officially ending the previous ceasefire and escalating conflict. This undermined confidence in ceasefire durability and negatively impacted market prices for Phase II agreement prospects.
US Envoys Witkoff and Kushner Meet Qatari Prime Minister to Discuss Regional Diplomacy
December 31 plunges to 21%24%
US envoys Steve Witkoff and Jared Kushner met with Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani in Doha to discuss regional developments and ongoing negotiations, highlighting continued diplomatic efforts.
Hamas and Israel exchange accusations over ceasefire breaches amid stalled talks
December 31 drops to 22%5%
Both sides accused each other of ceasefire violations during stalled negotiations in Cairo, with no official cancellation announced. The ongoing violations and lack of progress contributed to market declines in Phase II agreement probabilities.
Hamas delegation arrives in Cairo for Gaza ceasefire Phase II talks amid Israeli violations
December 31 plunges to 13%32%
A senior Hamas delegation led by Zaher Jabarin arrived in Cairo to discuss stopping Israeli ceasefire violations, rebuilding infrastructure, and advancing the Phase II roadmap. However, mediators noted Hamas was dragging negotiations, and Israel's refusal to fully implement Phase I was a major obstacle, causing market confidence to dip.
US Ambassador Waltz Demands Hamas Disarm to Enable Gaza Reconstruction
December 31 plunges to 20%25%
US Ambassador to the UN Mike Waltz emphasized that Hamas must disarm to allow Gaza's rebuilding, reinforcing international pressure and highlighting the core sticking point of Phase II negotiations.
Leaked Draft Reveals Trump's Gaza Board of Peace Seeks Total Legal Immunity
June 30 dips to 1%1%
A leaked draft resolution showed the Board of Peace seeking sweeping legal immunity and free property in Gaza, highlighting the controversial and stalled nature of the transitional governance plans as the June 30 deadline neared.
Hamas reports progress in Cairo talks on Gaza ceasefire roadmap
June 30 dips to 5%1%
Hamas announced progress in multi-day talks in Cairo with Palestinian factions and mediators on implementing the ceasefire roadmap, including humanitarian aid delivery and Israeli withdrawal. Despite this, unresolved issues and ongoing ceasefire violations kept market confidence low for a Phase II deal by June 30.
Iran halts ceasefire talks with US over Israeli actions in Lebanon and Gaza
June 30 dips to 2%1%
Iran suspended talks with the US citing Israeli military actions in Gaza and Lebanon, increasing regional tensions and complicating broader peace efforts. This development indirectly affected the Israel-Hamas ceasefire prospects by heightening instability and reducing diplomatic momentum.
Netanyahu signals imminent second phase of Gaza truce amid ongoing tensions
December 31 drops to 36%9%
Israeli Prime Minister Netanyahu indicated that Phase II of the ceasefire could begin soon, focusing on hostage negotiations and long-term security arrangements. However, ongoing tensions and unresolved core issues kept market prices low, reflecting skepticism about timely Phase II agreement.
Hamas confirms ongoing talks with mediators on second phase amid Israeli violations
June 30 dips to 11%2%
Hamas stated it remains in contact with mediators to advance Phase II but accused Israel of undermining the process through military actions and political statements. This highlighted stalled progress and persistent mistrust, contributing to further market decline.
Hamas reports ongoing talks with mediators on second phase amid Israeli violations
June 30 dips to 4%1%
Hamas spokesman Hazem Qassem stated that while Hamas remains in contact with mediators to advance Phase II, Israeli military actions and political statements undermined progress, casting doubt on the likelihood of a Phase II agreement by the June 30 deadline.
Hamas says in contact with mediators on second phase, accuses Israel of undermining talks
June 30 dips to 10%1%
Hamas spokesman Hazem Qassem stated ongoing communication with mediators but accused Israel of violating the ceasefire and undermining progress toward Phase II. This highlighted persistent mistrust and stalled negotiations, further reducing market confidence in a Phase II agreement by June 30.
Netanyahu announces expansion of Israeli control in Gaza, Hamas condemns as ceasefire violation
June 30 rises to 13%2%
Israeli Prime Minister Netanyahu declared plans to expand military control in Gaza from 53% to 70%, which Hamas condemned as a dangerous escalation and violation of the ceasefire, further undermining trust and prospects for Phase II agreement.
No breakthrough as first phase ends; UN calls for ceasefire to hold
June 30 rises to 14%4%
The first phase of the ceasefire expired without agreement on the second phase. Hamas denied ongoing negotiations, accusing Israel of failing to initiate talks. The UN urged all parties to maintain the truce, but Israeli officials sought to extend the first phase, casting doubt on the second phase's realization by the deadline.
Israel and Hamas clash over delay of Gaza ceasefire Phase II after killing of senior Hamas commander
June 30 dips to 11%2%
Following the killing of senior Hamas commander Raed Saad by Israeli strikes, Hamas condemned the action as a ceasefire violation and called on mediators to pressure Israel, highlighting the stalled Phase II negotiations and increasing market pessimism about a deal by June 30.
Israel says cease‑fire void if Hamas refuses to disarm
June 30 dips to 11%3%
A letter obtained by the *Times of Israel* showed the U.S‑backed Board of Peace saying the cease‑fire would become “null and void” if Hamas does not accept a disarmament proposal. The statement underscored the imminent collapse of the second‑phase talks and drove the market down from 14 % to 11 % on 10 May.
Israel declares ceasefire void if Hamas refuses disarmament
June 30 dips to 10%3%
A letter from the US-backed Board of Peace warned that Israel would consider the ceasefire null if Hamas does not accept disarmament, escalating tensions and undermining trust. Hamas rejected the proposal, linking disarmament to Israeli compliance, which stalled Phase II progress and negatively impacted market confidence.
Israel warns ceasefire void if Hamas refuses disarmament
June 30 dips to 9%2%
Israel, via a letter from the US-backed Board of Peace, stated it would consider the ceasefire null if Hamas does not disarm as required in the second phase. Hamas rejected the disarmament demand, linking it to statehood and security guarantees, further stalling talks and lowering market confidence.
US and Hamas hold first direct talks since Gaza truce as cease‑fire process stalls
June 30 drops to 14%12%
CNN reported the first direct US‑Hamas talks in Cairo aimed at advancing Phase 2. The news reduced fear of a full breakdown, pulling the price down from 26 % on 14 Apr to 14 % on 15 Apr.
Israeli Airstrikes Kill Four in Gaza as Mediators Meet Hamas to Shore Up Ceasefire
June 30 drops to 14%12%
Israeli airstrikes killed at least four Palestinians in Gaza while mediators met with Hamas leaders, who reiterated that disarmament talks can only proceed after Phase 1 is fully realized.
Hamas accuses Israel of ceasefire violations, stalling second phase talks
June 30 jumps to 27%12%
Hamas condemned Israeli violations of the ceasefire and humanitarian protocols, accusing Israel of obstructing the implementation and delaying the second phase negotiations. This increased tensions and reduced confidence in a timely second phase agreement.
Mediators hail Hamas acceptance of Phase 2 cease‑fire framework
June 30 surges to 36%20%
Mediators announced that Hamas had formally accepted a three‑stage cease‑fire framework, describing it as the “completion of Phase 2”. The optimism lifted market sentiment, spurring the price jump from 16 % on 7 Apr to 36 % on 9 Apr.
Hamas refuses to discuss disarmament without Israeli withdrawal guarantees
June 30 drops to 15%5%
Hamas told mediators it would not consider disarmament unless Israel fully withdrew from Gaza as per the ceasefire terms, demanding Israel's compliance first. This hardened Hamas's stance and prolonged the deadlock over Phase II implementation, reducing market optimism.
Hamas wants guarantees of Israeli troop withdrawal before disarmament talks
June 30 drops to 10%11%
Reuters reported Hamas demanding guarantees of a full Israeli withdrawal before discussing disarmament. The stalemate was interpreted as a setback for Phase 2, moving the price from 21 % on 1 Apr to 10 % on 3 Apr.
Hamas calls for immediate start of second phase, Israel seeks extension of first phase
June 30 jumps to 25%12%
As the first phase of the ceasefire neared expiration, Hamas urged the international community to pressure Israel to begin the second phase without delay, while Israel preferred extending the first phase to secure more hostage releases. This disagreement created uncertainty about the second phase's prospects, causing market fluctuations.
Hamas delegation arrives in Cairo for ceasefire talks amid stalled Phase II negotiations
June 30 drops to 13%11%
Senior Hamas officials arrived in Cairo to discuss the Gaza ceasefire with Egyptian and other mediators, focusing on stopping Israeli violations and advancing the second phase of the ceasefire. This diplomatic effort highlighted ongoing challenges but did not yield a formal agreement, contributing to market uncertainty.
Talks on Gaza peace plan frozen amid US-Israel war on Iran
June 30 rises to 26%1%
Negotiations to advance the Gaza peace plan, including Phase II ceasefire talks, were put on hold following joint US-Israel attacks on Iran that sparked a wider regional conflict. This freeze in talks further diminished the likelihood of a Phase II agreement by the market's resolution date.
Gaza crossings closed amid escalating Iran conflict, aid restricted
June 30 dips to 24%2%
Following the outbreak of a broader Middle East war involving Iran, Israel closed all Gaza crossings citing security risks, severely restricting humanitarian aid and complicating ceasefire implementation. This regional escalation distracted from Gaza peace efforts and reduced chances of a Phase II deal.
Gaza reconstruction efforts proceed amid unresolved security and governance issues
June 30 drops to 25%8%
The US-led Peace Council began technocratic governance and reconstruction efforts in Gaza, prioritizing rebuilding over disarmament. This sequencing raised concerns about normalizing security threats and constrained Israel's operational freedom, reducing market confidence in a Phase II ceasefire agreement.
Israeli fire kills eight people in Gaza as truce deal staggers
June 30 dips to 26%1%
Israeli military actions and militant attacks continued despite the ceasefire, with casualties reported and both sides accusing each other of violations. This ongoing violence undermined confidence in the ceasefire's durability and the prospects for a Phase II agreement.
Disputes over Hamas disarmament stall Gaza peace plan progress
June 30 drops to 27%6%
Reports emerged that disagreements on Hamas disarmament were threatening progress on the Gaza peace plan's second phase, with Israel pushing for complete disarmament and threatening renewed war if unmet. This increased doubts about the feasibility of a Phase II ceasefire agreement by the deadline.
Israel issues ultimatum to Hamas to surrender weapons before peace talks
June 30 drops to 31%11%
Israel aide Yossi Fuchs delivered a 60-day ultimatum to Hamas demanding full disarmament before the February 19 Board of Peace talks. Hamas rejected the demand, warning of catastrophic fallout if the truce breaks down. This hardened stance and rejection diminished hopes for a Phase II agreement, causing market decline.
Mediators report little progress on Phase II despite ongoing talks in Miami
June 30 dips to 31%4%
US, Qatar, Egypt, and Turkey officials met in Miami to discuss advancing Phase II but reported little progress, reflecting persistent challenges in Israeli withdrawal and Hamas disarmament, which dampened market expectations for a timely Phase II agreement.
Israeli strikes continue in Gaza despite ceasefire, undermining Phase II hopes
June 30 drops to 36%5%
By February 10, 2026, Israeli military raids and strikes persisted in Gaza, killing hundreds and limiting humanitarian aid, which Palestinians described as a continuation of a genocidal status quo. This reality diminished expectations for a successful Phase II ceasefire agreement.
Israel confirms no Turkish or Qatari troops will enter Gaza; retains security control
June 30 dips to 57%2%
Israeli Prime Minister Netanyahu confirmed Israel's full security control over Gaza and rejected Turkish or Qatari troop deployments. This stance limited international mediation options and hindered progress toward a comprehensive Phase II ceasefire agreement.
Netanyahu declares Phase II of Gaza ceasefire largely symbolic, emphasizing Hamas disarmament
June 30 drops to 44%10%
Israeli Prime Minister Netanyahu stated that the next phase of the ceasefire focuses on Hamas disarmament and demilitarization rather than reconstruction, casting doubt on the feasibility of Phase II and contributing to market pessimism.
Israeli military adviser discusses proposed large camp for Palestinians in Rafah
June 30 drops to 61%10%
A retired Israeli brigadier-general publicly described plans for a large, security-controlled camp in Rafah to house Palestinian civilians, including monitored entry points. The proposal sparked criticism and concerns about Israeli control, complicating the political environment for Phase II negotiations.
Israel issues final warning to Hamas to disarm within two months
June 30 drops to 43%14%
On January 30, 2026, Israel reportedly issued a final warning to Hamas demanding disarmament within two months as part of the second phase ceasefire conditions. This ultimatum highlighted tensions and uncertainty about Hamas's compliance, contributing to market declines.
Israel releases bodies of 15 Palestinians, signaling end of Phase I exchanges
June 30 plunges to 44%17%
Israel handed over bodies of 15 Palestinians in the final exchange of prisoners and detainees under Phase I of the ceasefire deal. This completion of Phase I obligations was a prerequisite for moving to Phase II but ongoing disputes over disarmament and border crossings kept Phase II uncertain, causing market decline.
Israel Defense Forces strike Hezbollah operatives amid ceasefire fragility
June 30 jumps to 71%10%
IDF conducted targeted strikes against Hezbollah in southern Lebanon, signaling ongoing regional security tensions. The continued instability and Hezbollah's rearming efforts contributed to doubts about the broader peace process, affecting market sentiment on Phase II.
Israel issues final warning to Hamas to disarm within two months
June 30 plunges to 52%19%
Around January 20, 2026, Israel issued a 'final warning' demanding Hamas disarm within two months as part of the Phase II ceasefire conditions. This heightened tensions and skepticism about Hamas's willingness to comply, negatively impacting market confidence.
US declares Phase II of Gaza ceasefire despite ongoing Israeli violations
June 30 plunges to 51%15%
On January 16, 2026, the US declared Phase II of the Gaza ceasefire, but reports indicated Israel had violated the ceasefire over 1,100 times since October 2025. This discrepancy undermined confidence in the ceasefire's effectiveness, leading to market declines.
US announces start of Phase II of Gaza ceasefire plan
June 30 surges to 64%30%
On January 14-15, 2026, US envoy Steve Witkoff and President Trump announced the formal start of Phase II of the Gaza ceasefire plan, including demilitarization and technocratic governance. This official declaration initially boosted market optimism.
US announces launch of Gaza ceasefire Phase II and formation of Palestinian technocratic committee
June 30 dips to 65%1%
The US officially launched Phase II of the Gaza ceasefire plan, establishing a 15-member Palestinian technocratic committee to administer Gaza, marking a shift toward demilitarization and reconstruction. This announcement boosted market confidence in the Phase II agreement.
U.S. announces start of Phase II of Gaza ceasefire plan
On January 14-15, 2026, U.S. officials announced the formal start of Phase II of the Gaza ceasefire plan, including steps toward demilitarization and technocratic governance. However, Israel expressed reservations, citing security concerns and the need for Hamas disarmament, which tempered market optimism.
Spain and Greece reaffirm support for full implementation of Gaza peace plan
June 30 surges to 66%33%
Spanish and Greek prime ministers publicly supported the US-backed Gaza peace plan and emphasized the need for rapid transition to Phase II, including Hamas disarmament. This international backing briefly boosted market optimism about the ceasefire's advancement.
Human rights groups highlight Palestinian detainees' plight amid ceasefire
June 30 plunges to 34%29%
Reports emerged detailing the detention and ill-treatment of thousands of Palestinians by Israel, including administrative detentions without trial. These human rights concerns underscored ongoing tensions and humanitarian issues that complicated ceasefire progress and Phase II negotiations.
Trump pushes Netanyahu to quickly advance to second phase of Gaza ceasefire deal
June 30 drops to 42%5%
During a New Year's Eve meeting at Mar-a-Lago, President Trump told Prime Minister Netanyahu that he wanted to quickly advance to the second phase of the ceasefire deal, prompting Israeli cooperation despite concerns.
Netanyahu meets Trump to discuss stalled Gaza peace plan
June 30 dips to 70%3%
On December 29, 2025, Israeli Prime Minister Netanyahu met with US President Trump at Mar-a-Lago to discuss the stalled Gaza peace plan. This high-level meeting raised hopes for progress but also highlighted ongoing challenges, causing market fluctuations.
Israel prepares for pivotal security meeting ahead of Netanyahu's US visit
June 30 surges to 73%23%
Israel announced a security cabinet meeting focusing on Gaza strategies and sought US support for annexing territory up to the 'Yellow Line' in Gaza. Netanyahu opposed Turkish involvement in the International Stabilization Force, signaling hardline positions that complicated Phase II negotiations. This contributed to market uncertainty about the ceasefire's advancement.
US hosts Gaza ceasefire talks with Qatar, Turkey, and Egypt officials
June 30 surges to 77%27%
US Secretary of State Marco Rubio confirmed talks with Qatar, Turkey, and Egypt representatives in Miami to negotiate the next phase of the Gaza ceasefire, signaling diplomatic efforts to advance the ceasefire despite ongoing violence. This raised market optimism about progress toward Phase II.
Israel rotates military units in Gaza amid preparations for new ceasefire phase
June 30 surges to 77%27%
On December 18, 2025, the IDF rotated brigades in Gaza as it secured the 'yellow line' and prepared for a possible new phase of the ceasefire expected in early 2026. This military move signaled readiness for phase two, boosting market confidence.




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