The stalled implementation of the US-brokered Gaza ceasefire, now one year old, centers trader attention on prospects for an International Stabilization Force. A UN Security Council vote is scheduled for October 13 on a US-drafted resolution authorizing the force to secure borders, aid corridors, and demilitarize non-state groups alongside Egyptian and vetted Palestinian police, while supporting a Trump-chaired Board of Peace for transitional governance until late 2027. Israel maintains control over roughly two-thirds of the territory beyond the original withdrawal line, citing the need for full Hamas disarmament first, while the group has conditioned weapons handover on Israeli withdrawal. Pledges from countries including Indonesia and Morocco remain unimplemented amid the impasse, with reconstruction and new Palestinian administration entry also blocked. A Russian competing draft and ongoing low-level Israeli strikes add uncertainty to any near-term deployment.
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