European shares edged up and the euro was flat as worries over contagion from Spain's banking sector were heightened by a sharp rise in the country's borrowing costs. UAIndex continued its growth from the last trading session with +1.43% gain of subtotal capitalization. China's annual economic growth could fall below 7 percent in the second quarter if weak activity persists in June, an influential government adviser was quoted on Wednesday as saying. U.S. Federal Reserve System is about to deploy monetary policy to boost economy.

AgroInvest comment: We expect high level of cautiousness from investors worldwide in relation to Ukraine as rising issues in Europe will have an immediate impact on the county, already quite well-known for its political instability.

For more detail please refer to the UAIndex Daily (June 13 issue).

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