Asian Currencies Mixed as Yen Rallies on BOJ Bets 
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Asian Stocks Mixed as AI Chip Rally Meets Oil Surge 
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UK House Prices Fall for First Time Since 2023 
Hormuz Shipping Slows as Iran Threats Lift Oil Risks 
Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation 
Asian Stocks Rally as AI Optimism Fuels Chipmaker Surge 
Japan, U.S. Stay Aligned on Yen as Currency Surges 
Canada Retaliatory Tariffs on U.S. Goods Take Effect 
Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate 
Gold Prices Rebound as Dollar Weakens, Fed Decision Looms 
Yen Rebounds as BOJ Rate Hike Bets Rise 
Japan Foreign Reserves Plunge $79.6 Billion After Record Yen Intervention 
Hungary Industrial Output Beats Forecasts With 4.7% July Growth 
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Russian stocks closed weaker on Saturday as the MOEX Russia Index remained flat at 0.00%, marking a new one-month low. Market sentiment was mixed, with energy and financial stocks providing slight support, while construction and metals weighed on the index.
Transneft PJSC Pref (MCX:TRNF_p) led the session’s gainers, rising 0.22% to 1,292.00. Surgutneftegas PJSC (MCX:SNGS) followed with a 0.20% increase to 22.32, while Bank VTB PJSC (MCX:VTBR) added 0.18% to close at 76.00.
On the downside, PIK SHb PJSC (MCX:PIKK) dropped 1.94% to 590.60, posting the sharpest loss of the day. Aluminum producer OK Rusal MKPAO (MCX:RUAL) slipped 1.23% to 32.99, while fertilizer giant PhosAgro PJSC (MCX:PHOR) fell 1.17% to 7,033.00. Overall, declining stocks outnumbered advancing ones by 110 to 102, with 18 remaining unchanged.
Volatility spiked as the Russian Volatility Index (RVI), which tracks implied market swings, climbed 4.81% to 33.56.
In commodities, Gold Futures for December rose 0.35% to $3,686.40 per troy ounce, signaling ongoing investor demand for safe-haven assets. Crude oil prices also strengthened, with October WTI crude up 0.51% to $62.69 a barrel and November Brent crude gaining 0.93% to $66.99.
Currency markets saw the Russian ruble advance. The USD/RUB dropped 0.59% to 84.00, while EUR/RUB slipped 0.59% to 98.57. Meanwhile, the US Dollar Index Futures edged up 0.01% to 97.54.
The session reflected cautious investor sentiment, with global commodity trends and currency shifts adding further pressure to Moscow’s equity market.
