A major outage in Amazon Web Services’ US-EAST-1 region disrupted access and order execution at platforms including Coinbase and Robinhood, alongside broader app outages. The incident underscores single-vendor dependencies across market infrastructure and will likely spur more multi-cloud resilience, disaster recovery spend, and regulatory scrutiny of operational risk.
Source: Finance Magnates
EU to phase out Russian gas by 2028, reshaping Europe’s energy mix
EU policymakers agreed to end Russian gas imports by January 1, 2028, accelerating diversification into LNG, pipeline alternatives, and renewables. The move will ripple through long-term contracting, storage strategy, and infrastructure investment, with potential price volatility as supply chains reconfigure.
Source: Seeking Alpha
Gold’s rally reignites as trading volume hits records
Gold resumed its upward march after a brief pause, with trading activity topping records as investors sought safety amid geopolitical and policy uncertainty. Elevated volumes and persistent inflows highlight a strong bid for hedges even as risk assets stabilize, keeping miners and bullion-linked products in focus.
Source: Seeking Alpha
Oil slides to five‑month lows on supply glut worries and trade tensions
Crude prices drifted to new five‑month lows, pressured by concerns about excess supply and renewed trade frictions. Lower benchmarks are easing headline inflation but squeezing producer cash flows, with capex plans and high‑cost barrels at greater risk if weakness persists.
Source: Seeking Alpha
Revolut secures full banking license in Mexico, accelerating LatAm push
Revolut received final approval to operate as a multiple banking institution in Mexico, enabling insured deposits and a broader suite of local products. The expansion builds on its presence in the US and Brazil and positions the fintech to compete for cross‑border and retail banking share across Latin America.
Source: Finance Magnates
UK clears Global Payments’ $24B Worldpay deal, removing a key M&A hurdle
The UK Competition and Markets Authority approved Global Payments’ acquisition of Worldpay at Phase 1, finding no competition issues. The clearance advances one of the year’s largest payments deals and underscores industry consolidation aimed at scale, embedded payments, and omnichannel capabilities.
Source: FinanceFeeds
UK opens retail access to crypto ETPs from 21Shares, Bitwise and WisdomTree
Britain’s FCA approved a new wave of crypto exchange‑traded products for retail investors, a notable shift in the country’s stance toward regulated digital asset exposure. The move broadens distribution for Bitcoin and Ethereum strategies and could catalyze further product innovation across Europe’s ETF market.
Source: FinanceFeeds
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