Gold reclaimed the $5,000 mark amid a flight to real assets, with Wells Fargo hiking its year-end 2026 target to $6,100–$6,300. The move follows the People’s Bank of China extending its gold purchases for a 15th straight month, while recent volatility and ETF flow swings highlight the delicate balance between retail speculation and central-bank demand.
Source: Finance Magnates
Japan’s Nikkei hits record as Takaichi win revives stimulus bets; yen and JGBs under pressure
Asian equities rallied and Japan’s Nikkei surged to an all-time high after Prime Minister Sanae Takaichi’s landslide victory reinforced expectations of expansionary fiscal policy. The prospect of “Sanaenomics,” a softer yen, and a tech rebound are drawing fresh global flows into Japan while pressuring domestic bonds.
Source: Seeking Alpha
Goldman Sachs warns systematic funds could extend equity selling despite bounce
Goldman Sachs cautions that CTAs and other rules-based strategies remain positioned to sell if key technical levels break, risking further volatility amid thin liquidity. The bank notes that mechanically driven flows, not fundamentals, may dominate near-term price action, keeping markets vulnerable even after brief rebounds.
Source: MarketWatch
Broadridge to acquire CQG, adding futures and options EMS and analytics to trading stack
Broadridge agreed to buy CQG’s global trading technology business, bolstering its execution management, algo trading, and analytics across futures and options. The deal, expected to close in fiscal Q4, strengthens Broadridge’s position in multi-asset connectivity and complements a broader industry push into listed derivatives.
Source: Finance Magnates
CFTC clarifies national trust banks can issue fully backed payment stablecoins
In a reissued staff letter, the CFTC expanded its stablecoin issuer definition to include national trust banks, aligning guidance with the 2025 GENIUS Act. The move lowers uncertainty for custody-focused institutions, reinforcing a regulatory perimeter around fully reserved, redeemable dollar tokens and pushing issuance toward supervised entities.
Source: FinanceFeeds
FedEx and Advent to acquire InPost for €7.8B, deepening last‑mile logistics reach
Private equity firm Advent International and FedEx agreed to buy parcel locker operator InPost for €7.8 billion, aiming to scale e‑commerce delivery and last‑mile efficiency across Europe. The deal underscores strategic interest in out-of-home delivery infrastructure as volumes normalize and logistics networks seek margin resilience.
Source: Seeking Alpha
DraftKings taps Crypto.com to add player-specific, CFTC-regulated event contracts
DraftKings is expanding its Predictions platform with player-level NFL and NBA contracts via Crypto.com | Derivatives North America, widening access to regulated event markets. The exchange connectivity model positions DraftKings to extend into new categories—including politics—while operating under federal oversight outside sportsbook regimes.
Source: FinanceFeeds
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