A post by @FirstSquawk on X.

Israeli President Isaac Herzog formally handed Yashar party leader Gadi Eisenkot the mandate to form the country's next government. The tasking follows the latest Knesset elections and opens a coalition-building window in which Eisenkot must assemble a majority. The outcome will determine the direction of fiscal policy, including budget priorities and spending plans, at a time when markets are watching Israeli assets. Investors should track coalition negotiations and any early signals on the next budget and economic appointments.