Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Russian stocks closed mostly flat on Saturday, with the MOEX Russia Index ending the day unchanged at 0.00%. Investor sentiment was mixed as gains in select energy stocks were offset by declines in others.
Surgutneftegas PJSC (MCX:SNGS) led the session with a 1.00% gain to 23.18, followed by TATNEFT n.a. V.D. Shashin Pref (MCX:TATN_p), which rose 0.93% to 661.60. NOVATEK PJSC (MCX:NVTK) also advanced, gaining 0.84% to close at 1,169.80.
On the downside, ROSSETI PJSC (MCX:FEES) remained flat at 0.07, while Polyus PJSC (MCX:PLZL) dipped 0.19% to 1,745.40. Rostelekom PJSC (MCX:RTKM) slipped 0.19%, closing at 57.15.
Market breadth was positive, with 59 stocks rising, 38 declining, and 3 remaining unchanged on the Moscow Exchange. The Russian Volatility Index (RVI), which measures implied volatility on MOEX options, was unchanged at 38.08, marking a one-month low.
Commodities markets showed strong momentum. Gold futures for June delivery climbed 1.15% or $38.00 to $3,344.00 per troy ounce. Crude oil prices also surged, with the June contract rising 1.85% to $61.02 per barrel and July Brent gaining 1.70% to $63.91.
In forex, the Russian ruble weakened slightly. USD/RUB rose 0.11% to 82.50, while EUR/RUB increased 0.29% to 92.80. Meanwhile, the US Dollar Index Futures slipped 0.32% to 100.17, reflecting global currency shifts amid commodity gains.
Traders continue to monitor geopolitical and energy sector developments, which remain key drivers for Russia’s equity and currency markets.
