Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Russian stocks closed lower on Saturday, with the MOEX Russia Index dropping 2.71%, marking a one-month low. The decline was led by sharp losses in the oil, gas, telecom, and mining sectors, reflecting broader market weakness amid falling commodity prices.
Despite the bearish trend, a few stocks managed to post gains. PhosAgro PJSC (MCX:PHOR) rose 1.80% to 5,932.00, supported by investor interest in the fertilizer producer. PIK SHb PJSC (MCX:PIKK) added 1.46%, ending at 501.00, while Magnit PJSC (MCX:MGNT) climbed 1.23% to close at 4,470.00.
However, losses outweighed gains on the Moscow Stock Exchange, with 48 stocks declining compared to 29 gainers. The session’s biggest loser was ADS Ozon Holdings PLC (MCX:OZONDR), plunging 6.30% to 3,486.50. TATNEFT (MCX:TATN) dropped 1.63% to 608.10, and national airline Aeroflot (MCX:AFLT) slipped 1.35% to 65.56.
Volatility eased slightly, with the Russian Volatility Index (RVI) down 0.58% to 49.43, signaling reduced market uncertainty despite the sharp index drop.
Commodity markets also faced heavy selling. Gold futures for June delivery declined 2.76% to $3,035.40 per troy ounce. Crude oil for May delivery plunged 7.41% to $61.99 per barrel, while Brent crude for June shed 6.50% to $65.58.
In currency markets, the US dollar gained ground against the ruble, with USD/RUB rising 0.47% to 84.50. EUR/RUB edged lower by 0.39% to 92.57. Meanwhile, the US Dollar Index rose 0.95% to 102.77, reflecting overall greenback strength.
