The Federal Reserve accepted $461 mln from four counterparties in fixed-rate reverse repo operations.

Spot gold breached $4,280/oz, down 1.8% intraday.

A document shows Germany plans to procure up to €1.7bn ($1.9bn) of encryption technology from German security firm Secunet for Bundeswehr data networks. A key parliamentary committee is expected to approve the agreement on Wednesday. The initial order is slightly above €100m, with deliveries due to begin next year. The wider four-year framework builds on an existing deal. Secunet will deploy a Secure Inter‑Network Architecture (SINA) and provide planning, maintenance, training and repair services. Funding will be allocated via next year’s commitment authority. The defence ministry estimates follow-up operating costs of about €6m to 2030. Secunet shares rose as much as 11% intraday on the report.