The most likely impact of the two ceasefires is for all parties to avoid returning to war. The risk of one blown ceasefire leading to another will weigh heavily on their minds.

Armed and uniformed Hamas militants parade through the streets in an apparent show of strength.

After more than a year hiding in tunnels and dodging air strikes, uniformed Hamas fighters returned to the ruined streets of Gaza hours into a ceasefire, defying Israel's vow to crush them.With the world watching on Sunday as Hamas handed over three Israeli hostages to the Red Cross,