Category: twoyear
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China two-year yield eyes fall below 1.00%
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Written by Jamie MacGyver (Reuters) – A look at the day ahead in Asian markets. The first full trading week of 2025 kicks off in Asia on Monday with a sharp decline in Chinese currency and bond yields, an increasingly tense and volatile political situation in South Korea, and a…
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Canada’s Unifor union ratifies two-year contract with General Motors By Reuters
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(Reuters) – Unifor union members at Ontario auto and battery assembly plants have ratified a two-year contract with General Motors that delivers significant wage increases, the Canadian labour union said on Sunday. Unifor Local 88 union members voted 95.7% in favor of ratifying the contract that will see workers’ wages…
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Canada’s Unifor union ratifies two-year contract with General Motors By Reuters
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(Reuters) – Unifor union members at Ontario auto and battery assembly plants have ratified a two-year contract with General Motors that delivers significant wage increases, the Canadian labour union said on Sunday. Unifor Local 88 union members voted 95.7% in favor of ratifying the contract that will see workers’ wages…
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Pound reaches two-year high as Bank of England holds interest rates steady
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The pound rose to its highest level since March 2022, breaking through the $1.33 level, after the Bank of England decided to keep interest rates steady at 5 percent and indicated a gradual approach to easing monetary policy. Sterling rose about 0.7 percent against the dollar, to $1.331, after the…
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Pound reaches two-year high as Bank of England holds interest rates steady
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The pound rose to its highest level since March 2022, breaking through the $1.33 level, after the Bank of England decided to keep interest rates steady at 5 percent and indicated a gradual approach to easing monetary policy. Sterling rose about 0.7 percent against the dollar, to $1.331, after the…
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UK’s PMI rises to two-year high of 52.1 in July
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Joseph Clark The seasonally adjusted S&P Global Manufacturing Purchasing Managers’ Index (PMI) for the UK rose to a two-year high of 52.1 in July, up from 50.9 in June and the previous flash estimate of 51.8. Key findings include: Fastest output growth since February 2022; higher input price inflation to…
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After a surge in pandemic profits, Rolex, Patek Philippe and Audemars Piguet face a significant downturn as sales slip—extending a two-year decline
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Prices of the most sought-after luxury watches on the secondary market fell again last month, extending a two-year decline as investors turned elsewhere after a pandemic-era rally failed. The Bloomberg Sabdial Watch Index, which tracks the 50 most-traded hours by value, fell less than 1% in June. It has fallen…
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‘Buy the Dip Crypto’ Searches Jump to a Two-Year High as Bitcoin (BTC) Falls to Monthly Lows
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Turkish lire; Dr Despite the recent price decline in the cryptocurrency market, including Bitcoin, some investors appear to be interested in potential buying opportunities, which is reflected in an increase in searches for “buy low crypto.” On-chain metrics such as the MVRV ratio and shifts in open interest indicate a…