AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
Russian equities closed flat on Saturday, with the MOEX Russia Index posting no change at 0.00%. Market activity remained muted, with top-traded stocks like AFK Sistema PJSC (MCX:AFKS), Aeroflot PJSC (MCX:AFLT), and ROSSETI PJSC (MCX:FEES) all ending the session unchanged. Each of these companies recorded 0.00% movement, reflecting low volatility and limited investor action across the board.
Interestingly, the same stocks were listed as both top gainers and worst performers, underlining a session that lacked momentum or direction. The Moscow Stock Exchange recorded no advancing or declining stocks, emphasizing the stagnant trading environment.
The Russian Volatility Index (RVI), a key gauge of market sentiment, also showed no movement, holding steady at 31.48. This suggests investor indecision and a cautious approach in response to broader geopolitical or economic uncertainties.
In commodity markets, gold futures for August delivery fell by 0.66% to $3,385.70 per troy ounce, signaling weaker demand for safe-haven assets. Crude oil for August edged up 0.46% to $73.84 a barrel, while Brent crude slipped 2.33% to settle at $77.01 per barrel, highlighting ongoing fluctuations in global energy markets.
Currency markets saw modest shifts, with the USD/RUB rising 0.16% to 78.50 and the EUR/RUB climbing 0.40% to 90.45. Meanwhile, the US Dollar Index fell slightly by 0.19% to 98.28, reflecting some weakness in the greenback amid shifting global economic signals.
Overall, Saturday's session was marked by a lack of trading activity and minimal price movement in Russian equities, despite notable changes in commodities and currency markets. Investors continue to monitor global market trends for clearer direction.
