China issues RMB 5 billion of government bonds in Hong Kong, The number of people receiving unemployment benefits in the U.S. continues to increase
China issues RMB 5 billion of government bonds in Hong Kong
The Ministry of Finance of China successfully issued RMB 5 billion of government bonds in Hong Kong on Wednesday (25th), the third time this year. Among them, the two-year 3.5 billion yuan and the five-year 1.5 billion yuan government bonds have yields of 2.55% and 2.65%, respectively. Looking at the three successful bids, the yields of government bonds continued to rise, reflecting the attractiveness of the yields of mainland government bonds, which is expected to help increase market demand for RMB.
The number of people receiving unemployment benefits in the U.S. continues to increase
According to Reuters, according to the U.S. Department of Labor, as of November 7, a total of 13.70 million people in the United States had received unemployment benefits through the CARES Act-related programs, which was higher than the 13.1 million people receiving unemployment benefits in the previous week, reflecting the continued increase in the number of people receiving unemployment benefits. The problem is that the rescue plan will expire on December 26. If the two parties in Congress still fail to launch a new round of rescue plan before the deadline, this means that millions of families will have a large income during the Christmas holiday. drop. This may cause some trouble to the economic performance of the United States, which was hit by the rebound of the epidemic in the fourth quarter.
Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
The Ministry of Finance of China successfully issued RMB 5 billion of government bonds in Hong Kong on Wednesday (25th), the third time this year. Among them, the two-year 3.5 billion yuan and the five-year 1.5 billion yuan government bonds have yields of 2.55% and 2.65%, respectively. Looking at the three successful bids, the yields of government bonds continued to rise, reflecting the attractiveness of the yields of mainland government bonds, which is expected to help increase market demand for RMB.
The number of people receiving unemployment benefits in the U.S. continues to increase
According to Reuters, according to the U.S. Department of Labor, as of November 7, a total of 13.70 million people in the United States had received unemployment benefits through the CARES Act-related programs, which was higher than the 13.1 million people receiving unemployment benefits in the previous week, reflecting the continued increase in the number of people receiving unemployment benefits. The problem is that the rescue plan will expire on December 26. If the two parties in Congress still fail to launch a new round of rescue plan before the deadline, this means that millions of families will have a large income during the Christmas holiday. drop. This may cause some trouble to the economic performance of the United States, which was hit by the rebound of the epidemic in the fourth quarter.
Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
