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Eve of Rosh Hashanah
The 'Eve of Rosh Hashanah' in Israel marks the beginning of the Jewish New Year, a significant cultural and religious event that can influence economic activities. It typically leads to increased consumer spending as people prepare for the holiday, impacting retail and food sectors positively. Financial markets in Israel may experience reduced trading volumes due to the holiday, as businesses and markets often close or operate on reduced hours. This event is important as it reflects consumer sentiment and spending patterns, offering insights into economic health and market behavior during this period.Related News and Analysis
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