It was 6. 30am on October 7th, when fighters from hamas and other groups crossed the southern border from gaza, and inflicted the worst single Mass Killing of israelis, in the nations history. The gunmen from hamas broke through the border fence, rampaging through nearby villages, kibbutzes, military posts, and a music festival. They torched homes, shooting and killing indiscriminately. Hamas is designated as a Terrorist Organisation by the us, uk and other governments. According to israel, 251 of its citizens and foreigners were taken hostage into gaza. One year on, around 100 People remain unaccounted for. The events of last year have transformed israel and the region including in gaza, where nearly 42,000 People have been killed in israels response. Israeli bombs continued to fall on the territory today. Tonight, beirut is being rocked by explosions as israel continues its campaign against hezbollah. But we start with the day of commemorations in israel as it remembers one year on.
As the us exchanges open here in new york. Lets cross live now to Shams Afzal, Managing Director at carnegie investment counsel. Of course, in the last hour, we had that adp data out. How are the markets reacting to this . I think this number, as well as tomorrows total data will probably not change the narrative that has been set already that the Jobs Market has softened quite a bit compared to a year ago. I think the more important data that came out earlier showed the number ofjobs available. If number of jobs available. If you number ofjobs available. If you went back to february 2023, there were almost two jobs open every Wedding Work out there, now that number has shrunk to every 1. 1 jobs to every willing work out there. They are finally getting these numbers so this put the Rate Cut Regime very much intact starting from september and that will be on benefit to the overall capital markets. . Benefit to the overall capital markets. ,. , benefit to the overall capital markets. . ,
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