After the news about the telephone conversation between the presidents of Russia and the United States, the Moscow Exchange index rose above 3,200 points for the first time since July 2024, adding 5.78%, and the dollar dropped to 92 rubles at the moment. Investors reacted to Trump’s statement about his readiness to start negotiations on Ukraine.

Shares of oil and financial companies rose especially: Gazprom +8.13% (almost record trading volumes), Sberbank and VTB +6%. The presidents discussed energy, the Middle East, the value of the dollar, and even artificial intelligence. We also agreed to meet in Russia and the United States.

Trump’s predecessor, Biden, did not communicate with his Russian counterpart for almost three years, and the last US president to visit Russia was Obama 12 years ago.

The departed Western brands are now probably thinking about how to return as soon as possible.…

@boneco