ISRAEL DAYBOOK: U.S. Not Setting Deadlines for Iran on Weapons

The U.S. is “not setting deadlines” for Iran and still considers negotiations as “by far the best approach” to prevent Iran from developing nuclear weapons, Secretary of State Hillary Clinton said in an interview yesterday.

WHAT TO WATCH: * The Bank of Israel releases the minutes of the last rate- setting meeting.

EQUITY MOVERS: * Oil Refineries Ltd. (ORL IT), the refiner and distributor of crude oil and petroleum products, named Akiva Mozes as chairman, to replace Yosef Rosen.

MARKETS: * The TA-25 Index (TA-25) advanced 1.5 percent to 1,129.45 yesterday * The yield on the Mimshal Shiklit government bonds due January 2022 was at 4.31 percent. * The shekel weakened 0.1 percent to 3.9780 a dollar at 8:26 a.m. in Tel Aviv. * Corn for December declined 0.2 percent to $7.98 a bushel. * Crude oil for October delivery lost 0.2 percent to $96.27 a barrel. * Gold for immediate delivery rose 0.1 percent to $1,737.52 an ounce.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net