Russian stocks rise on peace talk hopes, inflation slowdown; oil caps gains

Russian equities opened higher on the Moscow Exchange, buoyed by expectations of trilateral Russia-US-Ukraine talks on November 10-11 and Rosstat data showing slowing annual inflation, which raises prospects of CBR easing. However, a renewed decline in Brent crude to $97 per barrel is limiting upside. The market is reacting to a mix of geopolitical and domestic macro signals, with oil remaining a key headwind.

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