Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation 
Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
Russian stocks closed lower on Saturday, with the MOEX Russia Index dropping 2.71%, marking a one-month low. The decline was led by sharp losses in the oil, gas, telecom, and mining sectors, reflecting broader market weakness amid falling commodity prices.
Despite the bearish trend, a few stocks managed to post gains. PhosAgro PJSC (MCX:PHOR) rose 1.80% to 5,932.00, supported by investor interest in the fertilizer producer. PIK SHb PJSC (MCX:PIKK) added 1.46%, ending at 501.00, while Magnit PJSC (MCX:MGNT) climbed 1.23% to close at 4,470.00.
However, losses outweighed gains on the Moscow Stock Exchange, with 48 stocks declining compared to 29 gainers. The session’s biggest loser was ADS Ozon Holdings PLC (MCX:OZONDR), plunging 6.30% to 3,486.50. TATNEFT (MCX:TATN) dropped 1.63% to 608.10, and national airline Aeroflot (MCX:AFLT) slipped 1.35% to 65.56.
Volatility eased slightly, with the Russian Volatility Index (RVI) down 0.58% to 49.43, signaling reduced market uncertainty despite the sharp index drop.
Commodity markets also faced heavy selling. Gold futures for June delivery declined 2.76% to $3,035.40 per troy ounce. Crude oil for May delivery plunged 7.41% to $61.99 per barrel, while Brent crude for June shed 6.50% to $65.58.
In currency markets, the US dollar gained ground against the ruble, with USD/RUB rising 0.47% to 84.50. EUR/RUB edged lower by 0.39% to 92.57. Meanwhile, the US Dollar Index rose 0.95% to 102.77, reflecting overall greenback strength.
