Protests in northern Israel over Lebanon ceasefire, shops and schools shut

Protests erupted in northern Israel as residents shut shops and schools in opposition to the 10-day ceasefire with Lebanon. The likelihood of Netanyahu stepping down by June 30 sits at 5.5% YES, down slightly from 6% a week ago.

The protests expose domestic divisions over the ceasefire’s terms. The Netanyahu by April 30 market is at 0.6% YES, suggesting bettors see near-zero chance of an imminent departure despite the unrest. The Israel x Hezbollah ceasefire by June 30 market remains at 100% YES.

Market depth shows it takes $10,283 to move the Netanyahu by June 30 odds 5 points, a sign of stable positioning. The largest move in the last 24 hours was a drop from 1% to 0.6% on the April 30 market, with limited volatility elsewhere.

This unrest likely won’t topple Netanyahu’s government immediately, but it adds pressure. To justify a YES bet at 5.5¢, you’d need to believe in a significant political shift within 73 days. The ceasefire’s fragility could affect Netanyahu’s standing if violations increase or domestic opposition grows.

Watch for statements from Israeli Defense Minister Katz and any changes in IDF deployments. Political moves from opposition leaders like Benny Gantz could also shift the odds if they capitalize on public discontent.

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