1. Gold & Crypto Market Reaction: 
Gold prices stabilized during Asian trading on Tuesday after a decline in the previous session. Optimism rose slightly following reports that Iran might seek a ceasefire. However, Iran later clarified it wouldn’t agree to one while under Israeli fire. Meanwhile, cryptocurrencies showed limited gains, with Bitcoin rising slightly, though markets remained fragile due to ongoing Middle East tensions and the upcoming Fed decision. 

2. Geopolitical Tensions: 
Tensions remain high as President Donald Trump issued a stern warning to Iran, raising fears of further escalation. Despite some reports suggesting efforts toward de-escalation, Iran and Israel continue to exchange strikes. The White House emphasized the U.S. will not be directly involved in the conflict but confirmed its active pursuit of a ceasefire and possible nuclear negotiations. 

3. Central Banks: 

• The U.S. Federal Reserve is widely expected to hold interest rates steady this Wednesday. Markets are watching Fed Chair Jerome Powell’s comments for clues on future rate moves. 

• The Bank of Japan also left its rates unchanged and announced it will slow bond-buying from April 2026, aiming to stabilize the government bond market while maintaining monetary flexibility. The yen rose slightly after the announcement. 

📝 Conclusion: 

With escalating tensions in the Middle East, uncertainty around U.S. involvement, and key monetary policy decisions on the horizon, global markets remain cautious. All eyes are now on the Fed and further geopolitical developments.