IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production 
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply 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 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
Russian stocks closed flat on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market activity was mixed, with key gainers and losers reflecting cautious investor sentiment.
Leading the gains were Mobil’nye Telesistemy PJSC (MCX:MTSS), which rose 0.77% to 236.30, Magnit PJSC (MCX:MGNT), up 0.56% to 3,620.00, and Surgutneftegas PJSC Pref (MCX:SNGS_p), which added 0.46% to close at 53.48. On the downside, PhosAgro PJSC (MCX:PHOR) declined 0.55% to 6,360.00, while Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) slipped 0.35% to 33.03, and Severstal PJSC (MCX:CHMF) dropped 0.29% to 1,030.00.
Overall, advancing stocks outpaced decliners on the Moscow Exchange by a margin of 79 to 30, with 4 remaining unchanged. The Russian Volatility Index (RVI), a gauge of market uncertainty, also remained flat at 33.01.
In commodities, gold futures for August delivery fell 1.36% to $3,302.30 per troy ounce, reflecting a broader pullback in safe-haven assets. In contrast, crude oil prices climbed, with WTI crude for August rising 0.43% to $65.52 per barrel and Brent crude for September up 0.16% to $66.80 per barrel.
In forex markets, the Russian ruble strengthened, as USD/RUB slipped 0.32% to 78.50 and EUR/RUB edged down 0.15% to 92.00. Meanwhile, the U.S. Dollar Index Futures gained 0.28% to 97.03, signaling sustained dollar strength in global markets.
This mixed session reflects cautious optimism amid global market fluctuations and commodity volatility.
