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South Koreas unadjusted current account was US$10.14 billion in May, compared with US$5.7017 billion in the previous month.July 4th, the U.S. Congress approved comprehensive tax and budget legislation on Thursday, which means that the $7,500 tax credit for buying or leasing a new electric vehicle will end on September 30, as will the $4,000 credit for used electric vehicles. These tax credits have benefited electric vehicle sales in recent years. The U.S. Congress first approved the $7,500 electric vehicle tax credit in 2008 and phased it out after automakers produced 200,000 electric vehicles. In 2022, the incentive was expanded to leased vehicles and the cap on each manufacturer was removed. Dan Levy, an auto analyst at Barclays Bank, said that phasing out the tax credit in less than three months means that electric vehicle sales will jump sharply through "pre-purchase" and then fall sharply in the following months.On July 4, a spokesperson for the Ministry of Foreign Affairs of North Korea made a statement on July 3, local time. The statement said that the United States recently took the opportunity of the "Quadrilateral Security Dialogue" Foreign Ministers Meeting to once again carry out serious political provocations, deny North Koreas legitimate sovereignty, and reiterate "denuclearization". The United States hegemonic behavior of relying on a minority of xenophobic groups to interfere in the internal affairs of independent sovereign countries, incite camp confrontation, and cause instability in international relations is a major dangerous factor hindering regional and world peace and security. The Ministry of Foreign Affairs of North Korea strongly condemns and opposes the United States brutal infringement on North Koreas dignity and rights, as well as its hostile consciousness towards North Korea, and expresses serious concern about the adverse consequences that this move will lead to.Barclays: We forecast that U.S. oil demand will grow by 130,000 barrels per day this year, 100,000 barrels per day higher than previous estimates.US President Trump: Iran wants dialogue.

ETH Bulls Target a Return to $1,600 on Shanghai Hard Fork Sentiment

Cory Russell

Jan 17, 2023 15:20

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On Sunday, Ethereum (ETH) increased by 0.19%. ETH gained 6.75% on Saturday before gaining 20.39% for the week to $1,553. For the second time since November 7, ETH ended the day above $1,500.


ETH saw a negative start to the day, dropping to a low of $1,516 in the morning. ETH increased to a high of $1,567 in the late afternoon after avoiding the First Major Support Level (S1) at $1,467. ETH slipped back to conclude the day at $1,553 after failing to pass the First Major Resistance Level (R1) at $1,616, however.


Bitcoin (BTC) decreased by 0.40% on Sunday. BTC concluded the week up by 21.83% to $20,882, somewhat erasing a 5.20% rise from Saturday. Notably, BTC had its seven-session winning run come to an end while testing $21,000 for the second time since November 7.


As the day got off to a negative start, BTC dropped to an early low of $20,566. BTC increased to a high of $21,055 in the late afternoon, avoiding the First Major Support Level (S1) around $20,116. BTC crept slightly to close the day at $20,882, but it fell short of the First Major Resistance Level (R1) at $21,597.