US President Trump is expected to make a decision on the path forward [on Iran] in the coming days, NBC reports citing a US official

The expectation of President Trump's imminent decision regarding Iran introduces uncertainty and may lead to volatility in various asset classes. Depending on whether the decision suggests escalation or de-escalation, we could see significant moves in crude oil prices, safe-haven assets like gold, and impact the USD. Traders should brace for potential market reactions across equities and the FX space, particularly involving the JPY and GBP due to their respective geopolitical sensitivities.