Fidelity Top Stories
Conservatives and DUP on brink of coalition deal
Theresa May and the Conservative Party appear close to a deal with with the Democratic Unionist Party about forming a government in the UK, with the official date for the start of Brexit negotiations rapidly approaching.
Most economists believe UK will stay in single market, Reuters poll shows
Most economists believed it was more likely that Britain would stay in the single market following the surprise Election result, despite which they still expected Sterling to fall in value, according to new polls from Reuters.
UK inflation spikes to new four-year high, tightening consumer squeeze
UK inflation surged faster than expected to a new four-year high in May, according to official figures published on Tuesday that highlight the increasing squeeze on households as price rise faster than wages.
UK welcome back into the EU if it chooses to stay, Schaeuble says
Britain would be welcomed back into the European Union should it decide to stay, Germany's finance minister said.
Fed to hike rates but with dovish undertones, BofA says
The US central bank was set to hike its main policy rate for a second time on Wednesday, but overall the announcement would have dovish undertones, according to economists at Bank of America-Merrill Lynch.
Deutsche Bank cautious on European equities in near-term
Strategists at Deutsche Bank reaffirmed their year-end target for the pan-European Stoxx 600 index but cautioned clients that further weakness might lie ahead over the coming months, before a recovery took place in the final stretch of 2017.