JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations 
Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry 
Gold Prices Stabilize in Asian Trade After Sharp Weekly Losses Amid Fed Uncertainty 
Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors 
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Trump Announces U.S.–India Trade Deal Cutting Tariffs, Boosting Markets and Energy Ties 
Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains 
S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects 
IMF Forecasts Global Inflation Decline as Growth Remains Resilient 
U.S. Stock Futures Rise as Investors Eye Big Tech Earnings and AI Momentum 
UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist 
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target 
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.
