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LOCAL NEWS

  • G7 Agenda for 13 June is expected to discuss "the irresponsible and destabilizing behavior of Russia" and China
  • Chief strategist at BCS Global Market says Putin-Biden meeting may be the trigger for profit-taking in Russian shares.
    • Average volume of long positions in the most liquid securities on the Moscow Exchange increased by 1.1% w/w. The volume of short positions decreased by another 5%
  • Council of Europe urges Russia to release Navalny immediately in line with a previous ruling by the European Court of Human Rights. Expressed "grave concern" that Navalny remained in detention and his conviction stands
  • Nord Stream 2 to start testing its pipeline today, with pre-commissioning works being carried out over the next months to prepare for taking gas.
  • PM Mishustin signs order terminating 'open lands' memorandum with US which allowed diplomats to travel across different regions of each other's countries without seeking permission