After the long weekend and the festive 1st of May, markets are showing a mixed but interesting picture.
Russian Market: Continued Correction
The Russian market remained open during the holidays and slipped slightly over those days. However, this week has kicked off with another correction. I’ve taken this as an opportunity to add positions in Tatneft and Sber, which I still consider attractive entry points.
Spain: IBEX 35 Under Pressure
Meanwhile, Spain’s IBEX 35 dropped by around -1.35%, largely impacted by renewed tensions surrounding the Strait of Hormuz. Energy security concerns and geopolitical uncertainty are clearly weighing on European equities.
Global Markets: MSCI World Diverges
On the global side, the MSCI World Index actually moved higher. This divergence is notable — and likely driven by strength in Asian markets, which have shown resilience and positive momentum, offsetting weakness in Europe.
Crypto: Signs of Recovery
Crypto markets are also regaining strength. After a difficult bear market period, my positions are recovering well. From my perspective, the current conditions still offer solid entry opportunities, especially for those looking to build positions gradually.
Outlook
Volatility remains tied to geopolitical developments and regional disparities. While Europe is reacting to external shocks, global diversification continues to prove valuable. Crypto’s rebound adds another layer of opportunity, though with its usual risk profile.
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