US President Trump tells ABC that the retaliatory strikes against Iranian targets are just a 'love tap' and the ceasefire continues to be in effect

President Trump's characterization of the Iranian strikes as a 'love tap' suggests a lower immediate risk of escalation in tensions, which may provide some relief for risk-sensitive assets and the USD. The continued ceasefire could stabilize markets, limiting volatility in equities and commodities like oil and gold, but geopolitical dynamics will still warrant close monitoring in the coming sessions.