The fragile US-Iran ceasefire briefly eased pressure before renewed strikes in Lebanon and disruptions in the Strait of Hormuz kept tensions high. Oil rebounded above $96 but still pointed to a sharp weekly decline, highlighting how quickly sentiment can shift.

The euro and British pound held steady on expectations of future policy tightening, while the yen showed limited recovery and the yuan eased slightly under a cautious policy stance.

Take a look at Friday's market performance!