Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
Singapore GDP Grows 5.7% in Q2 2026 as AI-Driven Manufacturing Boosts Economy 
European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
South Korea Central Bank Set to Raise Interest Rates as Inflation Stays Elevated 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Australia Consumer Sentiment Rises in July as Fuel Price Relief Lifts Confidence 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the benchmark MOEX Russia Index remained unchanged at 0.00%, reflecting a cautious mood among investors amid movements in global commodities and currency markets.
Several stocks stood out as top performers during the session. ROSSETI PJSC showed notable strength, rising by 2.24% to close at 0.08. Bank VTB PJSC also posted gains, advancing 1.61% to finish at 84.54, while Magnitogorskiy Metallurgicheskiy Kombinat PAO climbed 1.50% to end the day at 32.23. These advances helped support the broader Russian stock market despite pressure from weaker performers.
On the downside, Polyus PJSC led losses among major stocks, slipping 0.21% to close at 2,626.20. OZON shares edged lower by 0.18% to 4,517.00, while Aeroflot PJSC dipped marginally by 0.02% to 56.60. Overall market breadth remained positive, as advancing stocks outnumbered declining ones by 168 to 56, with 19 stocks ending the session unchanged.
Market volatility showed little change, with the Russian Volatility Index (RVI) holding steady at 27.10, signaling stable expectations among traders. In commodities, gold prices surged, with April gold futures jumping 1.85% to $4,979.80 per troy ounce, boosting interest in safe-haven assets. Oil prices also moved higher, as March crude oil futures rose 0.41% to $63.55 per barrel, while April Brent crude gained 0.74% to trade at $68.05.
In the currency market, the Russian ruble weakened against major currencies. The U.S. dollar climbed 0.33% against the ruble to 77.00, while the euro rose 0.67% to 90.99. Meanwhile, U.S. Dollar Index futures slipped 0.19% to 97.51, reflecting broader dollar softness globally.
