BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
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Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Russian stocks closed higher on Saturday, driven by gains in the Oil & Gas, Power, and Telecom sectors. The MOEX Russia Index rose 2.10% to end the session on a strong note.
Top performers included NOVATEK PJSC (MCX:NVTK), which surged 5.25% to 1,314.60, IPJSC YANDEX (MCX:YDEX) up 1.83% to 4,371.50, and Gazprom PJSC (MCX:GAZP) gaining 1.68% to close at 152.76. Meanwhile, Unipro PJSC (MCX:UPRO) slipped 0.63% to 1.89, AFK Sistema PJSC (MCX:AFKS) declined 0.51% to 16.08, and Moskovskaya Birzha PJSC (MCX:MOEX) fell 0.41% to 207.16.
Market breadth was positive, with 69 stocks advancing, 26 declining, and 3 remaining unchanged on the Moscow Exchange. The Russian Volatility Index (RVI), which tracks market sentiment, dropped 2.21% to 53.44, indicating easing investor concerns.
In commodities, Gold Futures for June delivery fell 1.50% to $3,298.40 a troy ounce. However, oil prices edged higher, with June Crude oil futures rising 0.37% to $63.02 per barrel and June Brent oil gaining 0.48% to $66.87.
Currency markets also reflected broader optimism. The USD/RUB pair fell 0.69% to 82.62, and the EUR/RUB slid 0.91% to 93.89. Meanwhile, the US Dollar Index Futures ticked up 0.09% to 99.25.
Russia’s stock market continues to show resilience amid global commodity movements, with energy and tech stocks leading the charge.
