Fidelity Top Stories
Brexit: What to expect if there is no deal by Christmas
The UK government still has a lot of work to do ahead of it regarding Brexit.
US, Canada and Mexico sign new trade deal at G20 summit
Leaders from the US, Canada and Mexico meeting at the G20 summit in Buenos Aires on Friday signed a new trade agreement that will replace NAFTA.
Morgan Stanley reiterates 'overweight' on UK equities
Strategists at Morgan Stanley reiterated their 'overweight' recommendation for UK equities at the end of the week, despite the tricky macroeconomic backdrop in markets.
US and China studying trade deal, Journal says
The US and China are studying the possibility of deferring the increase in Washington's tariffs on exports from the Asian giant scheduled for the start of 2019 through the spring, while fresh talks take place to look at "big changes" in Beijing's economic policy.
UK consumer sentiment at its weakest level since December 2017 - survey
The UK’s under-pressure high street was dealt a fresh blow on Thursday, after research showed consumer confidence had fallen to its lowest level for nearly a year.
Prime Minister refuses to be drawn on prospects for no-deal Brexit
The Prime Minister has refused to speculate on what will happen if the draft Withdrawal Agreement fails to secure Parliament’s backing - but conceded a "decision would have to be taken".
US personal spending snaps back, 'core' PCE prices dip more than expected
Consumer spend in the US snapped back last month, mirroring the improvement seen in personal incomes and helped by a dip in prices.
Interest rates in the US are 'just below' neutral, Fed's Powell says
Interest rates in the US are "just below" neutral, the President of the US Federal Reserve said.
All major UK lenders pass BoE's stress tests
The United Kingdom's banking system is ready to face even the worst possible scenarios, the Bank of England judged in its latest Financial Stability report.
Fed's Powell's positive on economy, financial markets' reaction is being monitored
The Federal Reserve needs to calibrate how much it needs to further tighten monetary policy and at what pace, central bank chairman, Jerome Powell, said overnight.
Putin calls on US to abandon 'unilateral sanctions', says $60 oil 'acceptable'
Russian President Vladimir Putin called on the US to abandon its policy of unilateral sanctions and to instead seek common ground.
Pound could revisit year-highs when Brexit fog clears, say analysts
The pound could regain momentum and climb back above $1. 40 once there is more clarity on Brexit, believes NatWest Markets.
Economy to suffer for 15 years after UK quits EU - government
The British economy will shrink over the 15 years following the UK’s departure from the European Union, regardless of what deal the country leaves under, UK government research claimed on Wednesday.
No country can win a trade war - China vice premier
China’s vice premier has told an economic conference in Germany that no country can emerge victorious from a trade war.
Facebook faces grilling in parliament over fake news dissemination
Facebook faced a grilling from lawmakers around the world in London regarding its data protection practices and the Cambridge Analytica scandal revealed earlier this year.
Fed's Clarida says distance to neutral on interest rates is "a matter of judgement"
The US central bank's second top-ranking official sounded a positive note on the outlook for the American economy and inflation, but didn't come off quite as 'dovish' as when he last spoke.
Significant monetary policy stimulus still needed, ECB's Praet says
The European Central Bank's chief economist continued to sound an upbeat note on the outlook for economy activity and inflation in the single currency bloc.
Ukraine imposes martial law after Russian seizure of naval vessels
Ukraine imposed martial law on Monday after the Russian seizure of three of its naval vessels sparked street protests on Sunday night, according to the nation’s presidential website.
US President and Chinese offcials sound positive note ahead of G-20
The US President and two top Chinese officials made positive sounding remarks regarding the prospects for reaching a deal on trade at the upcoming G-20 meeting in Buenos Aires, Argentina.
BP starts production from Shetland's Clair Ridge project
BP is launching its first oil production from the offshore Clair Ridge project in the West of Shetland, more than 40 years after oil was first discovered in the area.