China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
U.S. Stock Futures Mixed as Tech and AI Stocks Face Pressure Ahead of CPI Data 
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.
