Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Australian Household Spending Rebounds Strongly in May as Travel and Dining Drive Consumer Growth 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Russian stocks ended Monday’s trading session higher, with the MOEX Russia Index posting moderate gains as strong performances in the mining, oil and gas, and power sectors supported overall market sentiment. By the close of trading in Moscow, the benchmark MOEX Russia Index advanced 0.60%, reflecting improved investor appetite for commodity-linked and energy stocks.
Leading the rally were major mining companies. AK ALROSA PJSC climbed 2.08% to close at 42.29, benefiting from renewed interest in raw material producers. Polyus PJSC followed closely, gaining 1.91% to finish at 2,610.00, while MMC Norilsk Nickel PJSC added 1.51% to end the session at 158.70. Notably, Norilsk Nickel shares reached a new 52-week high, underscoring strong momentum in the metals sector.
On the downside, real estate and technology stocks faced selling pressure. PIK SHb PJSC fell 1.89% to 462.50, making it one of the weakest performers of the day. VK Company Ltd declined 1.58% to 292.60, while Rostelekom PJSC dropped 1.42% to close at 63.20. Despite these losses, advancing stocks significantly outnumbered declining ones on the Moscow Stock Exchange, with 161 gainers versus 80 losers, indicating broadly positive market breadth.
Market volatility continued to ease, as the Russian Volatility Index (RVI) slipped 0.79% to 22.61, marking a fresh 52-week low. In commodities, gold futures surged 1.77% to $4,676.70 per troy ounce, supporting mining stocks. Oil prices were mixed, with March crude oil rising 0.15% to $59.43 per barrel and Brent crude edging up to $64.15.
In currency markets, the Russian ruble strengthened against major currencies, with USD/RUB falling 0.63% to 77.51 and EUR/RUB down 0.24% to 90.23. Meanwhile, the US Dollar Index futures declined 0.36%, adding support to emerging market assets, including Russian equities.
