Fidelity Top Stories
S&P reaffirms AA rating on UK, outlook clouded by Brexit
Standard&Poor's reaffirmed its rating on the United Kingdom's long-term sovereign debt but warned of the potential impact on the economy from the uncertainty around the Brexit negotiations and their eventual outcome.
US GDP growth slows more than expected in Q1 2017
Economic activity in the States slowed at the start of the year, weighed down by a slowdown in the pace of inventory accumulation, lower public spending and increased imports.
US employment costs rise at fastest pace since end of 2007
Employment costs in the US rose in the first quarter at their fastest clip since the end of 2007, led by gains for both private sector wages and benefits.
Bank of America- Merrill Lynch sees FTSE 100 at 7,750 in 12 months
Bank of America-Merrill Lynch thinks demand for commodities and the global cycle will push the FTSE 100 to 7,750 points in 12 months' time.
UK mortgages and consumer credit card borrowing both decline - BBA
Mortgage approvals and consumer credit card lending both fell in March according to fresh data from the banking industry, providing the reason for the fall in house prices announced elsewhere on Friday.
RBS swings to quarterly profit as share reshuffle paves way for dividend
Royal Bank of Scotland broke into the black in the first quarter of 2017, the first quarterly profit since 2015 as income, costs and margins all improved.
EU leaders prepare Brexit clause for reunified Ireland membership
Northern Ireland could be allowed fast-track access to EU membership in the event of its reunification with the rest of the island, as European leaders prepare to thrash out their negotiating stance for upcoming Brexit talks with the UK government.
Euro jumps as core CPI outstrips economists' forecasts in April
Consumer prices in the euro area beat forecasts by a comfortable margin in April, especially at the 'core' level, as services prices accelerated.
HSBC downgrades Stagecoach, positive on National Express
Analysts at HSBC downgraded their recommendation and lowered their target price on shares of Stagecoach, in light of the company's "high levels" of off-balance sheet debt together with continued concerns around its rail franchise and UK bus operations.
UK house prices fall again in April, says Nationwide
UK house prices have fallen for the second month in a row, with annual growth slowing to a near four-year low.
Trump warns of 'major' North Korea conflict as China weighs in
US President Donald Trump has warned that the country is prepared for a "major conflict" with North Korea as tensions between the two states rise another notch over the latter’s nuclear and missile programs.