Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Russian stocks closed lower on Saturday, with the MOEX Russia Index dropping 2.80%, weighed down by sharp declines in the Mining, Oil & Gas, and Telecom sectors.
Among the top gainers, PIK SHb PJSC (MCX:PIKK) rose 1.43% to 448.30, while Polyus PJSC (MCX:PLZL) added 1.03% to 1,719.40. ROSSETI PJSC (MCX:FEES) was flat but notched a slight gain of 0.94%, closing at 0.07.
On the downside, ADS Ozon Holdings PLC (MCX:OZONDR) plunged 5.59% to 3,540.00, making it the worst performer of the session. TATNEFT (MCX:TATN) slipped 0.03% to 698.70, and Bank VTB PJSC (MCX:VTBR) edged down 0.01% to 96.59.
Despite the losses, advancing stocks outnumbered decliners by a margin of 86 to 13 on the Moscow Stock Exchange. The Russian Volatility Index (RVI), a gauge of market uncertainty based on MOEX options, rose 0.72% to 47.52.
In commodities, June Gold Futures climbed 0.66% to $3,257.00 per troy ounce, signaling continued demand for safe-haven assets. However, oil prices declined, with June Crude Oil Futures falling 1.60% to $58.29 per barrel, and July Brent Crude dropping 1.35% to $61.29.
On the currency front, the ruble weakened against major peers. USD/RUB rose 0.91% to 82.75, and EUR/RUB gained 0.94% to 93.47. Meanwhile, the U.S. Dollar Index Futures dipped 0.21% to 99.84, reflecting modest greenback softness.
This decline in Russia’s benchmark index reflects broader investor caution amid commodity price shifts and currency volatility.
