Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge 
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
Russian stocks closed lower on Thursday, as declines in the oil & gas, telecoms, and mining sectors pressured the broader market. The MOEX Russia Index finished the session down 0.26%, reflecting cautious sentiment among investors amid mixed commodity price movements and heightened market volatility.
By the end of trading in Moscow, losses were widespread, with declining stocks outnumbering advancers by 151 to 91, while seven stocks ended unchanged. The downturn highlighted continued sensitivity of the Russian stock market to energy prices and sector-specific developments, particularly in resource-driven industries.
Despite the overall weakness, several stocks managed to post solid gains. OZON emerged as the top performer on the MOEX Russia Index, rising 3.11% to close at 4,337.00, supported by renewed investor interest in the e-commerce sector. PhosAgro PJSC followed with a 2.53% gain, ending the session at 6,318.00, while MMC Norilsk Nickel added 0.91% to trade at 147.00 in late dealings, benefiting from stability in metals demand.
On the downside, Moskovskiy Kreditnyi Bank PAO recorded the sharpest decline, falling 2.48% to close at 6.34. Real estate developer PIK SHb PJSC slipped 1.91% to 482.00, while Aeroflot PJSC lost 1.68%, ending the day at 56.90, as transport and financial stocks underperformed.
Market uncertainty was also reflected in volatility indicators. The Russian Volatility Index (RVI), which tracks implied volatility of MOEX Russia Index options, jumped 11.29% to 30.06, signaling increased risk perception among traders.
In commodities, gold futures for February delivery were flat at $4,505.40 per troy ounce. Oil prices edged lower, with February crude oil down 0.09% to $58.35 a barrel and Brent crude falling 0.14% to $62.29. In currency markets, the Russian ruble strengthened, with USD/RUB down 1.25% to 78.01 and EUR/RUB declining 1.19% to 91.93, providing some support to domestic assets.
