Highlights:

• Gold Long-Shot Option Bets Build Even After Historic Correction — Some gold bulls are maintaining bullish positions and betting on further price surges despite the precious metal's recent sharp decline. Bloomberg Markets

• Pentagon Is Close to Cutting Ties With Anthropic, Report Says — The Pentagon may sever its relationship with Anthropic and classify it as a supply chain risk due to frustration over restrictions on how the AI company's technology can be deployed. Bloomberg Technology

• Euro-Area Finance Chiefs Push for Bigger Role of Single Currency — Eurozone finance ministers are seeking to expand the euro's global influence amid market volatility and dollar weakness under the Trump administration. Bloomberg Markets

• Elon Musk's X Platform Faces Widespread Service Disruption — Thousands of users reported access issues on X on Monday, according to outage monitoring data. Bloomberg Technology

• Austria Wants to Stick to Normal Timetable on Next ECB Chief — Austrian Finance Minister Markus Marterbauer supports maintaining the standard timeline for selecting the next European Central Bank president. Bloomberg Markets

• World Bank Trims Commercial Funding for Kenya's Housing Program — The World Bank has reduced by nearly two-thirds the commercial financing it planned to mobilize for Kenya's housing and land reform initiatives. Bloomberg Markets

• Aberdeen Says €7.8 Billion InPost Buyout Bid Undervalues Company — Aberdeen Group will oppose a consortium's acquisition offer for Polish parcel locker operator InPost, arguing it underestimates the company's intrinsic value and growth potential. Bloomberg Technology

• France Sees Reasons for Caution on Bolstering Euro's Global Role — The French government is expressing hesitation about efforts to strengthen the euro's international standing and is calling for an assessment of potential economic risks. Bloomberg Markets

• US Banks to See New Mortgage Capital Requirements in Basel Plan — US lenders face new mortgage-loan capital requirements as the Federal Reserve prepares to release a long-awaited bank capital proposal aligned with Basel III standards. Bloomberg Markets

• Banks Prep Sale of BASF Coatings' €4 Billion Buyout Debt — Banks are arranging the sale of approximately €4 billion in debt to finance Carlyle Inc.'s acquisition of BASF's coatings division. Bloomberg Markets