Trump delays strike on Iranian energy facilities, which is essentially a short-term game under electoral cycle constraints rather than a substantive easing of geopolitical risks. Market sentiment has already priced this in ahead of time, and smart money often positions short bias on Fridays to game the expected outcome.

But stay clear-headed: news flow only drives pulse movements, it doesn't change fundamentals, and this type of emotional volatility has played out repeatedly throughout history. The real core variable lies ahead—if Middle East tensions cool further, the probability of a Japan rate hike in April will rise significantly, and a monetary policy shift will be the true, systemic, and sustained headwind.