Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
German Industry Employment Falls to Lowest Level in a Decade 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
US Stock Futures Recover as Iran Signals Progress in Peace Talks 
Russian stocks closed higher on Saturday, driven by gains in the Oil & Gas, Power, and Telecom sectors. The MOEX Russia Index rose 2.10% to end the session on a strong note.
Top performers included NOVATEK PJSC (MCX:NVTK), which surged 5.25% to 1,314.60, IPJSC YANDEX (MCX:YDEX) up 1.83% to 4,371.50, and Gazprom PJSC (MCX:GAZP) gaining 1.68% to close at 152.76. Meanwhile, Unipro PJSC (MCX:UPRO) slipped 0.63% to 1.89, AFK Sistema PJSC (MCX:AFKS) declined 0.51% to 16.08, and Moskovskaya Birzha PJSC (MCX:MOEX) fell 0.41% to 207.16.
Market breadth was positive, with 69 stocks advancing, 26 declining, and 3 remaining unchanged on the Moscow Exchange. The Russian Volatility Index (RVI), which tracks market sentiment, dropped 2.21% to 53.44, indicating easing investor concerns.
In commodities, Gold Futures for June delivery fell 1.50% to $3,298.40 a troy ounce. However, oil prices edged higher, with June Crude oil futures rising 0.37% to $63.02 per barrel and June Brent oil gaining 0.48% to $66.87.
Currency markets also reflected broader optimism. The USD/RUB pair fell 0.69% to 82.62, and the EUR/RUB slid 0.91% to 93.89. Meanwhile, the US Dollar Index Futures ticked up 0.09% to 99.25.
Russia’s stock market continues to show resilience amid global commodity movements, with energy and tech stocks leading the charge.
