Financial markets are experiencing mixed movements as optimism surrounding a recent truce in the US-China trade war begins to wane. While stocks have shown slight gains and the dollar has eased, the sentiment remains cautious due to lingering uncertainties. Emerging assets have gained from hopes that the worst of tariff impacts is over, yet many institutional investors are remaining cautious amid this environment. Global shares have seen modest increases, but the initial euphoria following the trade agreement is fading. As traders focus on economic indicators like US inflation and further developments in trade negotiations, market participants are keeping a close eye on central bank actions and other geopolitical tensions.