Fidelity Top Stories
Brexit date may be pushed back - report
Britain's exit from the European Union could be pushed back from the current 29 March deadline, according to a report on Friday.
Fed's Clarida sounds very dovish note on policy outlook
The US central bank's second-in-charge sounded quite a 'dovish' note on Thursday evening, making the case for the central bank to offset slower growth overseas and "materially" tighter financial conditions if they are sustained.
Misfiring factories drag UK economic growth to six-month low
UK gross domestic product growth slowed towards the end of last year as the contraction of the industrial sector deepened, official figures confirmed on Friday.
Fed's Barkin sees 'somewhat slower' growth, argues against 'short-termism'
A top US central bank official forecast slower growth in 2019 versus the prior year in a speech delivered on Thursday, underlining some of the caution evident in recent policy remarks from his peers.
Corbyn urges general election to break Brexit 'deadlock'
Labour leader Jeremy Corbyn ramped up calls on Thursday for a general election to "break the deadlock" over Brexit.
Germany and France to sign extension of reconciliation treaty to strengthen EU
German Chancellor Angela Merkel and French President Emmanuel Macron are set to sign an extension of their 55-year-old reconciliation treaty on 22 January to try and strengthen the EU against forces trying to tear it apart.
Fed's Bostic sees 'mixed signals', mentions possible cut in rates
The head of the Federal Reserve bank of Atlanta sounded a confident note on the economy, albeit one tinged with caution.
Fed toying with recession, rate cut could happen, Bullard says
One of the US central bank's most 'dovish' rate-setters argued against further monetary policy tightening, warning that it was toying with possibly pushing the economy into recession.
World Bank warns of global economic slowdown risks in 2019
The World Bank revealed on Wednesday that the global economy is expected to slow to 2. 9% in 2019 compared with 3% in 2018 as advanced economy central banks continue withdrawing policy accommodation even as trade disputes risk escalation.
US-China trade talks went 'just fine', statement expected soon
The US and China successfully wrapped-up their first round of trade talks on Wednesday.
US and China narrow differences on trade, reports say
American and Chinese negotiators have reportedly made progress in talks, including on purchases of US goods and services, but the two sides are still not ready to finalise a deal.
UK could be hit by new 'Beast-from-the-East', forecasters warn
Rising energy demand and travel chaos could be on the horizon as forecasters warn the UK may soon be plunged into sub-zero temperatures in a repeat of last year’s ‘Beast-from-the-East’.
Stockmarket rout hammers US small business capex plans, NFIB says
Small business confidence in the US remained near historically-high levels in December, amid signs of strength in hiring and in companies' inventory planning, according to the results of one closely-followed survey.
German manufacturing falls into recession in the fourth quarter
Industrial output in the euro area's largest economy weakened substantially in November with widespread declines seen across the different subsectors.
ISM non-manufacturing index drops to five-month low
Activity in the US services sector deteriorated more than expected in December, according to data released on Monday.
US non-farm payrolls jump by 312,000, even as unemployment climbs
Hiring in the USA shot higher at the end of 2018 driven by sharp gains on both the goods and services side of the economy, even as wage growth quickened, enticing more Americans to re-enter the work force.
Buy when others are fearful, BofA-ML says
For the first time since the Brexit vote, it's 'risk-on' time now, strategists at Bank of America-Merrill Lynch said at the end of the week.
Fed's Mester calls time on interest rate hikes
One of the most 'hawkish' rate-setters at the US central bank called 'time' on the Federal Reserve's campaign of interest rate hikes.
New US and China trade talks to start on Monday
A fresh batch of trade talks between the US and China is set to start on Monday to see where the tensions stand after agreeing to a 90-day truce in early December of 2018.
House prices drop by sharpest rate in seven years - Nationwide
House prices last month fell in their steepest monthly drop for over seven years and with annual growth the slowest in almost five years.