Russian stocks and the ruble fell as investors reacted cautiously to upcoming negotiations between Russia and Ukraine in Istanbul.
Russian financial markets opened lower as delegations from Moscow and Kyiv prepare to meet in Istanbul for a new round of peace talks.
The Moscow Exchange (MOEX) Index dropped by 1.3%, slipping below 2,793 points, while the RTS Index declined by 1.28% to 1,119 points. The ruble also weakened slightly, with the USD/RUB exchange rate rising 0.27% to 79.3.
Analysts attributed the market downturn to investor skepticism over the outcome of the negotiations, particularly in light of recent Ukrainian strikes on Russian military airbases.
Market sentiment remains fragile, with participants watching closely for any signs of progress in the talks that could influence geopolitical risk and economic outlooks.
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Carlos Mazon, the leader of Spain's eastern Valencia region, said on Monday he was stepping down over his administration's handling of catastrophic floods that swept over the region a year ago.
Singapore plans to make the former home of founding prime minister Lee Kuan Yew a national monument, despite his stated wish for it to be demolished.
A 6.3-magnitude earthquake struck near Mazar-e Sharif early Monday, killing at least 20 people, injuring hundreds, and damaging the city’s historic Blue Mosque, with officials warning that the toll could rise.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 3 November, covering the latest developments you need to know.
Ukraine’s top military commander has confirmed that troops are facing “difficult conditions” defending the strategic eastern town of Pokrovsk against a multi-thousand Russian force.
Residents of Hoi An, Vietnam’s UNESCO-listed ancient town, began cleaning up on Saturday as floodwaters receded following days of torrential rain that brought deadly flooding and widespread destruction to the central region.
Armenia will offer Azerbaijani as an optional subject for 10-12th grade students in three schools from the 2025/2026 academic year as part of a state programme to develop foreign and regional languages.
Russia has launched its new nuclear-powered submarine, the Khabarovsk, at the Sevmash shipyard in Severodvinsk, the Defence Ministry said Saturday.
Egypt has inaugurated the Grand Egyptian Museum near the Great Pyramid of Giza, unveiling the world’s largest archaeological museum and a modern cultural landmark celebrating over 7,000 years of history.
Chinese electric carmaker BYD is making major strides in Europe, with sales surging nearly fivefold in September from a year earlier to just under 25,000 new registrations.
U.S. stocks were mixed late Wednesday as traders digested comments from Federal Reserve Chair Jerome Powell, who signaled that another interest rate cut in December is far from guaranteed. The Dow Jones Industrial Average and S&P 500 edged slightly lower, while the Nasdaq climbed on continued gains
U.S. chipmaker Nvidia has made history by becoming the first company in the world to reach a market value of 5 trillion dollars, driven by soaring demand for artificial intelligence technologies.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
Türkiye’s main stock index, BIST 100, closed on Friday at 10,941.79 points, recording a 3.14% increase.
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