The announcement of a preliminary peace deal between the US and Iran has sparked a notable improvement in market sentiment, particularly across European equities. Traders should anticipate a bullish open for European shares as geopolitical risks ease, potentially encouraging a shift from safe-haven assets to riskier ones. The euro is likely to benefit from this positive outlook, gaining ground against traditional safe-havens like the Japanese yen and Swiss franc. Conversely, gold may face downward pressure amid reduced demand for haven assets. Investors should monitor further developments closely, as sustained peace talks could reinforce this risk-on environment.