Asian Currencies Mixed as Yen Rallies on BOJ Bets 
Iran Vows Tougher Response as U.S. Sanctions Squeeze Economy 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
China to Inject $45 Billion Into State Financial Institutions 
Asian Stocks Mixed as AI Chip Rally Meets Oil Surge 
Brent Oil Tops $100 as Middle East Conflict Threatens Supply 
US Stock Futures Mixed as Fed Rate Hike Bets Rise 
Japanese Yen Nears Seven-Month High as Oil Approaches $100 
Gold Prices Rise as Yen Rally Weakens Dollar 
Japan, U.S. Stay Aligned on Yen as Currency Surges 
US Stock Futures Mixed as Strong Jobs Data Boosts Fed Rate Hike Bets 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
Hormuz Shipping Slows as Iran Threats Lift Oil Risks 
UK Food Inflation Forecast to Hit 6.4% by Mid-2027 
Gold Prices Rebound as Dollar Weakens, Fed Decision Looms 
Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation 
Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets 
Add as a preferred source on Google
Russian stocks closed lower on Saturday, with the MOEX Russia Index dropping 0.98%, weighed down by declines in the mining, telecoms, and power sectors.
PhosAgro PJSC (MCX:PHOR) led the gainers, rising 0.85% to 6,633.00. TATNEFT (MCX:TATN) added 0.77% to close at 693.90, while LUKOIL PJSC (MCX:LKOH) climbed 0.73%, ending at 7,346.50.
On the downside, PIK SHb PJSC (MCX:PIKK) was the session’s worst performer, falling 5.80% to 590.00. AFK Sistema PJSC (MCX:AFKS) dropped 3.25% to 18.74, and VK Company Ltd (MCX:VKCO) lost 2.35%, closing at 294.40.
Market sentiment remained cautious, with declining stocks outnumbering gainers. The Russian Volatility Index (RVI), which gauges implied volatility on MOEX Russia Index options, fell sharply by 11.03% to 42.04, indicating reduced investor uncertainty despite the market downturn.
In commodities, April gold futures slipped 0.74% to $3,021.40 per troy ounce. Crude oil for May delivery eased 0.26% to $67.89 a barrel. However, Brent oil for May edged up 0.22% to $72.16.
On the currency front, the ruble strengthened against major currencies. USD/RUB fell 0.50% to 84.50, while EUR/RUB declined 0.84% to 91.37. Meanwhile, the US Dollar Index Futures gained 0.24%, reaching 103.74.
With geopolitical factors and commodity prices continuing to influence market trends, investors remain vigilant. The decline in MOEX reflects broader caution across global markets, especially amid shifting energy and currency dynamics.
