Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
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 
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
Russian stocks closed flat on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market activity was mixed, with key gainers and losers reflecting cautious investor sentiment.
Leading the gains were Mobil’nye Telesistemy PJSC (MCX:MTSS), which rose 0.77% to 236.30, Magnit PJSC (MCX:MGNT), up 0.56% to 3,620.00, and Surgutneftegas PJSC Pref (MCX:SNGS_p), which added 0.46% to close at 53.48. On the downside, PhosAgro PJSC (MCX:PHOR) declined 0.55% to 6,360.00, while Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) slipped 0.35% to 33.03, and Severstal PJSC (MCX:CHMF) dropped 0.29% to 1,030.00.
Overall, advancing stocks outpaced decliners on the Moscow Exchange by a margin of 79 to 30, with 4 remaining unchanged. The Russian Volatility Index (RVI), a gauge of market uncertainty, also remained flat at 33.01.
In commodities, gold futures for August delivery fell 1.36% to $3,302.30 per troy ounce, reflecting a broader pullback in safe-haven assets. In contrast, crude oil prices climbed, with WTI crude for August rising 0.43% to $65.52 per barrel and Brent crude for September up 0.16% to $66.80 per barrel.
In forex markets, the Russian ruble strengthened, as USD/RUB slipped 0.32% to 78.50 and EUR/RUB edged down 0.15% to 92.00. Meanwhile, the U.S. Dollar Index Futures gained 0.28% to 97.03, signaling sustained dollar strength in global markets.
This mixed session reflects cautious optimism amid global market fluctuations and commodity volatility.
