RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Russia’s stock market ended flat on Saturday, with the MOEX Russia Index closing unchanged at 0.00%. Trading activity remained muted as key stocks showed no movement during the session.
AFK Sistema PJSC (MCX:AFKS) ended the day steady at 15.45, while Aeroflot PJSC (MCX:AFLT) remained at 56.98 and ROSSETI PJSC (MCX:FEES) closed at 0.07. Interestingly, the same companies led both the day’s best and worst performance list, reflecting the lack of price action. Market breadth also stayed neutral, with no advancing or declining stocks reported on the Moscow Stock Exchange.
The Russian Volatility Index (RVI), which tracks implied volatility of MOEX options, held firm at 31.90, suggesting cautious sentiment among investors.
In commodities, gold futures for December delivery rose 1.52% to $3,413.80 per troy ounce, supported by safe-haven demand. Meanwhile, energy markets faced selling pressure, with September crude oil contracts falling 2.79% to $67.33 per barrel and October Brent contracts dropping 3.94% to $69.67 per barrel.
Currency markets showed mixed movements. The U.S. dollar weakened against the Russian ruble, with USD/RUB down 1.36% at 80.00, while EUR/RUB edged higher by 0.11% to 92.68. The U.S. Dollar Index Futures also slipped 0.81% to 98.93, reflecting broader dollar softness.
Investors are watching global commodity trends and currency fluctuations closely, as these factors continue to influence Russian market sentiment. The flat close of the MOEX Index highlights cautious positioning amid ongoing economic and geopolitical uncertainties impacting Russia’s financial markets.
