Fidelity Top Stories
No special Brexit deal for the City, Barnier says
There will be no special deal for the City of London when Britain leaves the European Union, Michel Barnier, the EU's chief Brexit negotiator, has warned.
Trump to drop climate change from US National Security Strategy
US president Donald Trump will give a speech on Monday where he will outline the country's new approach towards national security, including the omission of climate change and its effects as a key threat.
Belgian consumer confidence dips for a second month in December
Consumer confidence in Belgium dipped in December as subindices tracking the economic situation and the outlook for joblessness in the country fell back.
CME launches Bitcoin futures amid calls for tighter regulation
CME, the largest exchange provider in the world, launched its Bitcoin futures market on Sunday evening to compete with rival Cboe which did so a week earlier, with initial predictions from investors signalling the cryptocurrency could hit a high of $20,865 by January.
IG, CMC and Plus500 slump as new European trading restrictions revealed
Retail investors will be banned from trading binary options and will face leverage limits on forex trades, the European financial watchdog has proposed, among a raft of new restrictions to be placed on CFD trading that saw brokers IG Group, CMC Markets and Plus500 all slump.
FCC votes to end net neutrality in US
The Federal Communications Commission has voted to revoke net neutrality legislation introduced by Barack Obama in order to limit the power of large telecoms firms.
70% chance of Trump attacking North Korea if it continues its military tests
Republican Senator Lindsey Graham puts the odds of the Trump administration ordering an attack on North Korea if it performs another nuclear test at 70%.
Brexit: EU leaders agree to move to second phase of talks
European Union leaders have agreed to start the next phase of Brexit negotiations on Friday, having given Prime Minister Theresa May's overnight speech a warm reception.
FCA fines tally falls to 15-year low
The number of fines imposed by the Financial Conduct Authority in 2017 has fallen to the lowest since 2002 when modern regulation of the City was in its infancy.
Walt Disney to buy 21st Century Fox assets in $52.4bn deal, including Sky stake
Walt Disney has announced an agreement to buy the entertainment assets of 21st Century Fox in a deal worth around $52. 4bn, including a 39% stake in UK broadcaster Sky.
BoE expects gradual and limited policy tightening over medium-term
The Bank of England kept policy on hold by a unanimous vote as had been widely-anticipated given previous guidance for a very gradual pace of tightening over the medium-term.
UK retail sales flatter to deceive thanks to Black Friday effect
UK retail sales increased much more than expected last month due to a statistical anomaly caused by Black Friday.
FOMC hikes rates, but Evans and Kashkari dissent
The US central bank went ahead with its third rate hike of 2018, as expected, but two rate-setters dissented, voting instead for no change.
US core CPI falls short of forecasts in November
Consumer prices in the US confounded economists again last month as core inflation fell short of their forecasts, weighed down by a sharp drop in apparel costs.
Tillerson says US is ready for talks with North Korea
US Secretary of State Rex Tillerson has said the United States is open to communication with North Korea 'without preconditions'.
UK wage growth flatters to deceive as jobless claims hit five-month high
UK wage growth is picking up slightly but still remains well short of inflation, while the number of people claiming unemployment benefit reached a five-month high.
Facebook to overhaul its tax structure worldwide
Facebook will move its global tax and revenue base from Ireland and begin booking advertising locally in every country where it operates.
Centrica rallies as gas prices rise on Austrian plant explosion, Forties pipeline closure
British Gas owner Centrica was the standout gainer on the FTSE 100 on Tuesday as gas prices surged after an explosion at a natural gas facility near Austria's border with Slovakia and as Britain's Forties pipeline - which carries 40% of North Sea oil and gas - was closed for repair due to a crack.
US small business confidence jumps to Reagan-era highs, NFIB says
Small business confidence in the States jumped higher still last month to reach its second-highest mark in over four decades, the results of a widely-followed survey revealed.
UK consumer inflation hits 3.1pc ahead of Bank of England meeting
UK consumer price inflation has risen so high that Bank of England governor Mark Carney will have to write a letter to the Chancellor explaining why and what he intends to do about it.