White House: Deal for Gaza ceasefire has been more elusive than US hoped ...Middle East

More pressure needs to be applied to Hamas to end the conflictAnarchy reigns in parts of GazaMajor ground operation in Rafah would be a mistakeIt's not looking good here but it's not hopeless. Wars tend to end quickly and hopefully there is a break through soon. That said, the oil market isn't minding this, up another $1.73 to $82.71. It would certainly be a sell-the-news reaction on a peace deal but I don't know if it would be worth more than $3-4. This article was written by Adam Button at www.forexlive.com.

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