[Institution: Risk Assets Expected to Strengthen on U.S.-Iran Cooling Hopes, Crude Oil as Key Swing Factor] According to a report by Golden Finance on May 25, OCBC Bank stated that the market might be reluctant to aggressively eliminate geopolitical premiums, especially with thinner liquidity during the holiday period. The bank noted that risk asset alternatives are expected to start the week strong, boosted by hopes of easing U.S.-Iran relations. However, with details surrounding Iran's nuclear program and uranium enrichment still unclear, the forex market may hesitate to chase gains. High-beta currencies such as the Australian dollar, South Korean won, and New Taiwan dollar may rise, while the Indian rupee, Indonesian rupiah, and Philippine peso could underperform. Nevertheless, crude oil remains the key swing factor, as confirmed agreements and weaker crude oil prices could weigh on yields and the U.S. dollar.