FC Morning Brief: Markets and Economics - November 12, 2026.
Moscow's stock index rebounded over 2,500 points in anticipation of Putin's negotiations with US representatives. In the US, a possible change in Nvidia's leadership is being discussed. The main thing is to start trading.
The stock market: over 2,500 - still not long in the trading this morning, the Moscow Stock Exchange index rose to 2501.21 points (+0.45%), and broke the 2,500 mark for the first time in ten days. By 9:01 Moscow time, growth slowed to 0.1% - 2493.6 points. The RTS added 0.1% to 950.31 points.
in the growth leaders -. VK (+4.3%), VTB (+1.5%), AFK Sistema (+1.4%) ו-T-Technologies (+1.3%).
The pressure comes from oil close to 92 dollars per barrel and the acceleration of inflation. During November 3-9, consumer prices rose 0.12% after falling 0.04% a week earlier. The estimated annual inflation is 6.97%. The dollar at the central bank rate is 82.6617 rubles.
Nvidia: Board may discuss Huang's departure.
The New York Times reported that Nvidia CEO Jensen Huang was in a romantic relationship with the company's vice president of healthcare, Kimberly Powell. According to the Wall Street Journal, the board may soon consider Huang's resignation.
The media also writes about Huang's alleged contacts with a woman who is suspected of being in contact with the Chinese intelligence services. This is a corporate risk for the AI market: Nvidia is a key supplier of accelerators to the industry.
Witkoff and Kushner arrived in Moscow.
Donald Trump's special envoy Steve Witkoff and Jared Kushner arrived in Moscow. Kirill Dmitriev met them. A meeting with Vladimir Putin and discussion of the results of the negotiations in Abu Dhabi is expected.
The market is waiting for signals about the prospects of the settlements and sanctions policy.
Russian websites: a new wave of certificate denials.
The Japanese center GlobalSign announced the cancellation of dozens of SSL certificates of Russian organizations, RBC reports.
Since the summer, foreign centers have canceled about 11 thousand certificates from 1.3 thousand companies.