The bitcoin exchange rate is falling on Friday, trading near the lows since the end of February on fears that the Federal Reserve is not yet ready to start cutting interest rates, CNBC reports.
By 11:03 a.m., bitcoin is down 6.7% to $54,359 thousand, according to CoinDesk. Over the past month, the cryptocurrency has lost almost 23% of its value, although it has added about 30% since the beginning of the year.
Earlier, the minutes of the meeting of the Federal Open Market Committee (FOMC) held on June 11-12 were published. The Fed’s executives need further evidence of slowing inflation to begin easing monetary policy, according to the document.
High interest rates are considered a negative factor for bitcoin, as they reduce demand for risky assets, CNBC notes.
In addition, the German authorities on Thursday sold about 3 thousand bitcoins worth about $175 million, according to the analytical company Arkham Intelligence. The authorities still own about 40 thousand bitcoins confiscated in various criminal cases.
An exit poll conducted by Ipsos UK for Sky News, BBC, and ITV News predicts that the opposition Labor Party will win 410 seats in parliament, the BBC reports.
“If the prediction is correct, Sir Keir Starmer will become prime minister with 410 Labor MPs, slightly less than Tony Blair’s total in 1997,” the report says.
It is noted that the Conservatives may avoid the defeat predicted by some opinion polls, but their predicted result will be a crushing blow to the party after 14 years in power. According to exit polls, the Conservatives will win 131 seats in parliament, the lowest number in history. The Liberal Democrats are expected to take third place with 61 seats.
In addition, according to exit polls, the number of Scottish National Party MPs will decrease to 10, while Reform UK is projected to gain 13 MPs. The Green Party of England and Wales is expected to double its number of MPs to two, and Plaid Cymru will get four MPs. Others are projected to win 19 seats.
The exit poll is based on voter data from approximately 130 polling stations in England, Scotland and Wales. The poll does not cover Northern Ireland.
The UK election took place on Thursday, July 4. Most of the results will start coming in on the morning of Friday, July 5.
Earlier, Experts Club presented an analytical material on the most important elections in the world in 2024, a detailed video analysis is available here – https://youtu.be/73DB0GbJy4M?si=eGb95W02MgF6KzXU
You can subscribe to the Experts Club YouTube channel here – https://www.youtube.com/@ExpertsClub
Change in prices of food raw materials from Ukraine (forecast up to 2025), %
Source: Open4Business.com.ua and experts.news
Registrations of new commercial vehicles (trucks and special vehicles) in June 2024 increased by 12% compared to the same month in 2023 – up to 1198 units, which is also 6% more than in May this year, Ukravtoprom reported on its Telegram channel.
According to the report, Citroen became the leader with 291 cars registered, pushing Renault into second place (223 units). The top 5 brands of the market also include: MAN – 143 units, Scania – 79 units and Ford – 65 units.
As reported with reference to Ukravtoprom’s data, in June last year, 1068 trucks and special vehicles were sold in Ukraine (2.5 times more than a year earlier). The top five leaders were Renault (356 units), Scania (127), Volkswagen (67), Peugeot (60), and Mercedes-Benz (53).
According to the Association, in January-June 2024, more than 6.2 thousand new vehicles were added to the Ukrainian truck and special vehicles fleet, which is 20% more than in the same period last year.
At the same time, the AUTO-Consulting information and analytical group, analyzing the segment of trucks with a gross vehicle weight of more than 3.5 tons, noted on its website that it grew by 7.5%.
“This is a good signal. The market for trucks for business or infrastructure maintenance is still growing,” the experts say.
According to the group, the leader in June was MAN, which was chosen by 17% of consumers, followed by Scania with 16.7% of the market, and Peugeot trucks, which are now replacing outdated Russian-made vehicles, took the third position.
It is noted that sales volumes are also growing in the middle segment, due to Hyundai, Isuzu, Foton, and in the segment of heavy trucks with a gross vehicle weight of more than 16 tons, Scania was the leader, chosen by almost a third of customers.
“The results of the first six months are also encouraging. In total, customers purchased 2.4 thousand trucks, which is 5.8% more than last year,” the statement said.
As reported, in 2023, according to Ukravtoprom, registrations of new commercial vehicles in Ukraine increased by 65% compared to 2022 – up to 11.3 thousand units. At the same time, the segment of trucks over 3.5 tons, according to AUTO-Consulting, increased by 56.5% to 4853 units.
Number of vacancies as of 30.04.2024 (thousand units) according to data of state employment center
Source: Open4Business.com.ua and experts.news
Yumji Kaolin LLC of Rinat Akhmetov ‘s SCM Group has won the auction held by the State Service of Geology and Subsoil of Ukraine for the sale of a special permit for the Ivankivetska primary kaolin deposit (Zhytomyr region).
The Ivankivetska site is located near the city of Berdychiv, near the border of Zhytomyr and Vinnytsia regions. Thenearby kaolin sites are controlled by companies from theQuarzwerkegroup (owned by German citizen Lindemann-Berk Robert Otto), as well as Zhezhelivskyi kaolin owned by French citizen Erio François Thierry Roger and Turbivskyi kaolin plant owned by Roman Polishchuk.
As a reminder, Ivankivetska was put up for auction with a starting price of UAH 4,445,440.
Three bidders registered for the auction, and their final price offers are as follows:
