Reports by Israeli media that Netanyahu has met with Finance Minster Smotrich.

This is being cited as part of the progress made in the Cairo negotiations.

Without more context not sure whether this matters but worth keeping in mind in case we get more information.

Here are some previous updates on the geopolitical developments:

• Israeli ground operation in Rafah depends on the hostage deal
• Senior official says gaps to a deal between Israel and Hamas remains large
• Oil is recovering some of its earlier loss
• Reports that progress has been made in Gaza ceasefire talks

This article was written by Arno V Venter at www.forexlive.com.