Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
UK Food Inflation Forecast to Hit 6.4% by Mid-2027 
Canada Retaliatory Tariffs on U.S. Goods Take Effect 
Iraq Seeks 6 Million Bpd OPEC+ Oil Quota 
Japan, U.S. Stay Aligned on Yen as Currency Surges 
Iran Vows Tougher Response as U.S. Sanctions Squeeze Economy 
Japanese Yen Nears Seven-Month High as Oil Approaches $100 
Hungary Industrial Output Beats Forecasts With 4.7% July Growth 
UK House Prices Fall for First Time Since 2023 
ECB Set for September Rate Hike as Energy Prices Fuel Inflation 
South Korea GDP Surges on Chip and AI Boom 
European Stocks Flat as Iran Tensions, ECB Rate Hike Loom 
Asian Currencies Mixed as Yen Rallies on BOJ Bets 
Iran Plans New Gulf Restricted Zone as Hormuz Tensions Push Oil Higher 
China to Inject $45 Billion Into State Financial Institutions 
Add as a preferred source on Google
Russian stocks climbed on Sunday, driven by strong gains in the Oil & Gas, Mining, and Power sectors. The MOEX Russia Index rose 2.37% at market close in Moscow.
PhosAgro PJSC (MCX:PHOR) led the rally, jumping 3.37% to 6,407.00. Unipro PJSC (MCX:UPRO) followed with a 3.01% gain, closing at 1.78, while Severstal PJSC (MCX:CHMF) added 2.65% to end at 1,086.60.
Among the weakest performers, GDR ROS AGRO PLC (MCX:AGRODR) remained flat at 1,083.80, hovering at 52-week lows. Sberbank Rossii PJSC (MCX:SBER) edged up 0.56% to 301.49, and Mobil’nye Telesistemy PJSC (MCX:MTSS) added 0.57% to 221.05. Overall, advancing stocks outnumbered decliners 87 to 1 on the Moscow Exchange.
Market volatility increased slightly, with the Russian Volatility Index (RVI) rising 0.96% to 58.84, signaling heightened investor uncertainty.
In commodities, Gold Futures for June delivery surged 2.11% to $3,244.60 per troy ounce. Crude oil prices also advanced, with May WTI crude climbing 2.38% to $61.50 per barrel, and June Brent crude gaining 2.26% to $64.76. The rally in oil supported energy-linked equities, reinforcing market momentum.
In currency markets, the USD/RUB rose 0.28% to 83.48, while EUR/RUB remained flat at 94.57. Meanwhile, the U.S. Dollar Index Futures dropped 0.72% to 99.89, reflecting broader greenback weakness.
Investor sentiment in Russia remains resilient amid global economic uncertainties, buoyed by strong performances in key resource sectors and commodity price rebounds.
