[MARKET UPDATE] Asia-Pac stocks rally with risk appetite ignited by the announcement of a two-week ceasefire agreement before Trump's deadline expired

The announcement of a two-week ceasefire agreement has significantly boosted risk appetite in Asia-Pacific markets, indicating a positive reaction to easing geopolitical tensions. This development suggests that investors are more willing to take on risk, which could lead to further gains in equities and affect currency valuations like the USD and JPY. Keep an eye on how this may spill over into commodities, particularly energy markets, as sentiment shifts favorably.