Flash Middle East FX. June 24th 2025,
A well choregraphed play in front of our eyes ? Ceasefire between Israel and Iran . GCC FX drops back fast !
We aim here to bring you regular updates on factors and events impacting financial markets in the Middle East and North Africa region with an accent on foreign exchange and rates.
We also aim to bring reflections on certain topics and subjects, close to recent events, which we think are worth stopping on .
In the finance industry, monetization is “ the “ word ! So it is time for me to jump the bandwagon. If there is some appreciation in the time and information provided in those posts, then material recognition is fair. I am introducing a paid subscription. There will be a line in the post below.. beyond will be for the willing subscribers.
Thank you for your attention !
A well choregraphed play in front of our eyes ? Ceasefire between Israel and Iran . GCC FX drops back fast !
Qatar skyline !
Smart phones can be a blessing sometimes ! Recently having dinner out with two friends, we got really scared when a table of a dozen or more young girls occupied the table behind us for a birthday party. And the restaurant was fully booked. Halfway through, we noticed it was super quiet ! All of them were on their phones ! Good for us at the time ! But it is troubling how those tools have completely invaded our space. How about having a dinner or a party without a phone, with no pictures or selfies, no pictures of the dishes. That seems incredibly difficult now. Not to mention the impact on our health and spine : hours spent with the head bent down and eyes glued to tiny screen !
Now ,
Netanyahu didn’t want to be outdone by Trump and a possible deal with Iran, even though to renegotiate, what he has thrown in the bin in his first term, in 60 days while it took two years for the JCPOA, was a big stretch . Netanyahu has been decried to torpedo a possible deal but there is a long list of precedents in the region to ruin negotiations or deals, recently , Hamas’s attack in October 2023.
Netanyuahu attacked, Iran responded with vigour at the beginning but Israel had a well-prepared plan but not the weapons. Trump brought them and in less than 36 hours and a polite-telephoned counterstrike by Iran, we have a ceasefire !
( below for subscribers only ).
Keep reading with a 7-day free trial
Subscribe to MENA Market Lab to keep reading this post and get 7 days of free access to the full post archives.