EUR/USD
1.17916
-0.056%
Gold
3353.35
-0.108%
Oil
66.065
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USD/JPY
143.851
0.142%
GBP/USD
1.36581
0.169%
GBP/JPY
196.478
0.361%
Real-time News
July 3, Russias auto market shrank in the first half of 2025 as high borrowing costs and fees deterred many potential buyers, which threatened to reverse the industrys two-year rebound growth. Data from the European Business Association showed that from January to June this year, sales of Russian passenger cars and light commercial vehicles fell to 546,430 units, down 27% from the same period last year. The organization also lowered its forecast for 2025 by about 9 percentage points, and now expects a 24% drop from last year.German Chancellor Merz: The United States is pushing us to implement more banking supervision, but it does not apply these rules to itself, so we need to rethink this issue.July 3, Ukraines Energy Ministry said on Thursday that the European Union has increased the maximum capacity for electricity imports from Ukraine by 38.5%, giving Kiev an opportunity to earn money to rebuild power facilities destroyed by Russian attacks. The new limit of 900 megawatt-hours will last until August 1 and will then be reviewed monthly. Before the outbreak of the Russian-Ukrainian conflict in 2022, Ukraine began exporting large amounts of electricity to the European Union. After Russia destroyed Ukrainian power generation facilities, Ukraine stopped power supplies and then restored them earlier this year. "Increasing the maximum export capacity is an important step that will make it easier to balance the Ukrainian energy system," said Ukrainian Energy Minister German Galushchenko. "It will also allow Ukrainian power plants to make extra profits to cope with the consequences of the Russian attack and prepare for the winter."Robinhood (HOOD.O) shares fell about 2% in pre-market trading after OpenAI denied any connection with the Robinhood token.July 3, on Thursday, a Bank of England survey released in June showed that British companies lowered their expectations for wage growth in the next year. The survey showed that companies expected wages to increase by 3.6%, down 0.1 percentage points from the three-month moving average. The survey also said that in June, 29% of British companies expected sales to fall in the next year due to changes in US trade policy, while 24% of companies expected their capital expenditures to fall.
