Investors Return to Riskier Assets Amidst Fragile Israel-Iran Ceasefire

Asian stocks made modest gains as the ceasefire between Israel and Iran saw investors showing renewed interest in riskier assets, reducing fears of an energy shock.

The dollar remained weak, nearing a four-year low against the euro, while U.S. Treasury yields fell as investors anticipated stable oil prices. Some geopolitical tensions persisted, but market attention shifted to U.S. monetary policy.

Brent crude saw a slight recovery, and global markets maintained optimistic momentum. Despite uncertainties, the Federal Reserve's next moves on interest rates and tariffs remain in focus, with inflationary pressures being a concern.

(With inputs from agencies.)