Markets moved higher on renewed ceasefire optimism, driving a broad-based rally across equities and a sharp decline in oil prices.

However, the week also reinforced a more nuanced reality. Energy risks remain present despite lower prices, inflation data brought some relief, and strong momentum in AI investment continues alongside a mixed start to earnings season.

The broader takeaway is clear: sentiment can shift quickly, but underlying structural dynamics remain in place, requiring discipline and selectivity in capital allocation.