Between ballistic missiles and deal leaks, markets barely had time to catch their breath this week. The Israel-Iran conflict reignited over the weekend, setting Monday's open on edge — oil surged, equities wobbled, and safe havens caught bids. But the week never stayed in one gear for long. Iran's ceasefire announcement, Trump's helicopter accusation, a U.S. CPI print at a three-year high, a Bank of Canada hold with a hawkish twist, an ECB rate hike, a SpaceX mega-IPO, and ultimately Trump's Thursday afternoon announcement canceling planned strikes all took turns driving market direction. By Friday's close, crude had shed nearly $10 from its weekly peak, the dollar was modestly lower, the S&P 500 managed to close the week in positive territory, and gold was nursing significant losses despite all the headline noise. Here's the breakdown.