[MARKET UPDATE]: Equity futures rally, crude futures hit, Dollar sold, T-notes and gold bid as Trump extends ceasefire but continues Iran blockade

Trump's extension of the ceasefire alongside the ongoing blockade of Iran suggests an easing in immediate tensions, which is likely boosting risk appetite across equities and safe-haven assets like gold. This dual move could indicate a temporary stability that markets are reacting positively to, while the blockade retains elements of uncertainty that could influence oil prices and broader geopolitical sentiment.