While a tentative ceasefire in the Iran conflict is alleviating geopolitical tensions and fostering speculative investor interest, market sentiment remains measured as stakeholders await confirmation of the ceasefire's durability. As equity trading stabilizes within a narrow range, bond markets are rallying, benefiting from decreased risk premiums, particularly in European assets. Despite the positive momentum, crude futures are fluctuating, reflecting ongoing concerns about geopolitical developments amidst emerging risk-on asset strategies.