Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Goldman Sees Foreign Investors Driving India Stock Market Recovery 
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
Oil Prices Surge as U.S.-Iran Conflict Escalates and Strait of Hormuz Risks Grow 
South Korea Central Bank Set to Raise Interest Rates as Inflation Stays Elevated 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
Russian stocks ended Saturday’s session little changed, with the MOEX Russia Index closing flat at 0.00% on the Moscow Exchange. Market activity remained subdued, reflecting a balanced performance across major sectors as investors monitored global commodity prices and currency movements.
Among the notable stocks on the MOEX Russia Index, AFK Sistema PJSC (MCX: AFKS) finished unchanged at 13.80. Aeroflot PJSC (MCX: AFLT) also closed flat at 57.08, while ROSSETI PJSC (MCX: FEES) held steady at 0.08 in late trading. Interestingly, these same companies were listed among both the session’s best and worst performers due to the absence of significant price movement, highlighting the market’s stagnant tone. Overall, advancing and declining stocks were evenly matched on the Moscow Stock Exchange, with no clear лидership emerging by the close.
The Russian Volatility Index (RVI), which tracks implied volatility on MOEX Russia Index options, remained unchanged at 24.92. The steady RVI reading suggests that investor sentiment and risk expectations were largely stable despite movements in global markets.
In commodities trading, gold prices posted strong gains. Gold futures for April delivery jumped 1.98%, rising $97.90 to reach $5,046.30 per troy ounce. The sharp increase in gold prices points to continued demand for safe-haven assets. Meanwhile, crude oil prices recorded modest gains. March crude oil futures edged up 0.08% to $62.89 per barrel, while April Brent crude rose 0.34% to trade at $67.75 per barrel.
Currency markets saw the Russian ruble strengthen against major peers. USD/RUB declined 0.74% to 76.65, and EUR/RUB fell 0.76% to 90.97. The US Dollar Index Futures slipped slightly by 0.02% to 96.82, reflecting limited movement in the broader dollar market.
Overall, the flat close of the MOEX Russia Index, combined with rising gold prices and a firmer ruble, signals a cautious but stable trading environment in Russia’s financial markets.
