U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Goldman Sees Foreign Investors Driving India Stock Market Recovery 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
Australia Consumer Sentiment Rises in July as Fuel Price Relief Lifts Confidence 
Russian stocks closed flat on Saturday, reflecting a quiet session on the Moscow Exchange as market activity remained muted across key sectors. At the close in Moscow, the MOEX Russia Index finished unchanged at 0.00%, highlighting a lack of clear direction among investors amid stable domestic and global signals.
Among the notable performers on the MOEX Russia Index, AFK Sistema PJSC traded flat, ending the session unchanged at 12.94. Aeroflot PJSC also closed without movement, finishing at 57.25, while ROSSETI PJSC remained steady at 0.08 in late trading. Interestingly, the same stocks appeared among both the best and worst performers of the day, underlining the overall stagnation and low volatility that characterized the session.
Market breadth further emphasized the lack of momentum, as falling stocks did not outnumber advancing ones, with a neutral ratio of 0 to 0 recorded on the Moscow Stock Exchange. Investor caution was also reflected in volatility indicators, with the Russian Volatility Index (RVI), which tracks implied volatility of MOEX Russia Index options, remaining unchanged at 23.74. This level marked a new 52-week low, suggesting subdued expectations for near-term market swings.
In contrast to the flat equity market, commodities posted solid gains. Gold futures for February delivery climbed 0.90%, rising by 40.20 to settle at $4,500.90 per troy ounce, supported by ongoing demand for safe-haven assets. Oil prices also moved higher, with February crude oil futures advancing 2.35% to $59.12 per barrel. Meanwhile, March Brent crude gained 2.18%, ending the session at $63.34 per barrel, reflecting optimism around energy demand.
In currency markets, the Russian ruble strengthened against major peers. The USD/RUB pair fell 1.39% to 79.00, while EUR/RUB declined 1.57% to 91.94. The US Dollar Index Futures edged higher by 0.20% to 98.89, indicating modest dollar strength globally despite losses against the ruble.
Overall, the Russian stock market’s flat close contrasted with active moves in commodities and currencies, painting a picture of cautious equity investors amid shifting global market dynamics.
