Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path 
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns 
Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
Dow Hits Record High as Healthcare and Consumer Stocks Lead Wall Street Rally 
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty 
UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment 
Canada and Germany Advance Major LNG Supply Partnership 
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.
