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The market diverged from oil, the "Aircraft" fell, and the US is threatening a recession - weekly event review!
Main points:
The Russian market has "detached" from oil prices: Brent went above $110 per barrel, and the Moscow Exchange index dropped below 2800 points
Pessimism is fueled by another "stall" in Ukrainian negotiations
The ruble received an impulse to strengthen following the Ministry of Finance's decision to postpone the adjustment of the budget rule until 2027
The week was unsuccessful for the Russian market, despite oil prices remaining in the triple digits. On Friday, the market completely "detached" from oil prices: Brent rose above $110 per barrel, and the Moscow Exchange index fell below 2800 points. Friday's main trading session closed at 2789.88 points after reaching 2864.89 the week before. On Saturday, the market remains around 2790 points.