Fidelity Top Stories
UK inflation nudges ahead but remains under Bank of England target
Inflation held steady in February, official data showed on Wednesday, further fuelling expectations that the Bank of England will leave interest rates unchanged when it meets later this week.
Brexit: May will write to Tusk to request extension
Theresa May will write to European Council president Donald Tusk to request a delay to the Brexit deadline, Downing Street confirmed on Tuesday afternoon.
UK employment defies Brexit jitters to hit new record
UK employment reached a new record in the three months to January as employers hired more workers despite concerns about Brexit and the wider economy.
Brexit: Pound slides on doubts over No10's prospect of success
Currency markets were pessimistic on Monday that Theresa May can pull a Brexit rabbit from the hat as she tries to bring sceptical backbenchers and Northern Ireland’s DUP round to supporting her exit deal.
EU trade surplus with US rises to more than €11bn
The European Union’s trade surplus with the United States continued to rise in January, further underlining tensions between Brussels and Washington.
Tories meet DUP to nail down support for Brexit deal
The UK government is locked in talks with Northern Ireland's Democratic Unionist Party to seek backing for Theresa May's Brexit plan ahead of a third 'meaningful vote' next Tuesday.
Deutsche Bank stays neutral on European shares as political risks fade
Strategists at Deutsche Bank stuck to their 'neutral' view for European stocks, despite their being overvalued, arguing that a US-China trade truce and shift towards a Brexit deal would sustain the 'overshoot' in valuations versus their estimate of fair value.
Credit Suisse upgrades European Cyclicals to 'overweight'
Credit Suisse raised its recommendation on shares of European cyclicals relative to defensives on Friday, from 'benchmark' to 'overweight', while lowering their view on defensives from 'benchmark' to 'underweight'.
Kim Jong Un may halt nuclear negotiations with 'gangster-like' US
North Korean leader Kim Jong Un is close to deciding whether to halt denuclearisation talks with the US after President Donald Trump walked away from negotiations in February, according to a North Korean diplomat.
UK parliament votes to extend Article 50 by majority of 211
MPs voted on Thursday to delay Britain's exit from the European Union for at least three months in another night of chaotic scenes at Westminster.
China activity data for February receives mixed response from economists
Chinese economic activity slowed down a tad more quickly than expected at the start of 2019, a batch of economic reports revealed, with economists emphasising the negatives in the latest figures.
European parliament rejects launch of EU-US trade talks
European lawmakers have rejected proposals to launch trade talks with the United States.
Trump says 'no rush' to sign trade deal as China presses for state visit
US President Donald Trump said late on Wednesday that he is in “no rush” to sign a pact with China and that he would walk away from talks if any new trade deal is not to his liking.
Boeing grounds 737 Max fleet after new evidence on Ethiopia crash
American regulators changed tack on Thursday, ordering that all Boeing 737 Max aircraft in the US be grounded after investigators uncovered new evidence at the scene of the fatal Ethiopian Airlines crash that took place on Sunday.
MPs mull Article 50 extension, May wants third vote on her deal
As parliament prepared to vote for a delay to the Brexit deadline on Thursday, Prime Minister Theresa May called for a third vote on her Brexit deal, despite losing the first two by overwhelming majorities.
Hammond promises 'deal dividend' if Brexit agreement is secured
The Chancellor of the Exchequer announced plans to launch a three-year spending review if a Brexit deal can be agreed, as he warned MPs of the dangers of crashing out of the European Union.
UK plans to slash import tariffs in event of no-deal
The UK will remove tariffs on most imported goods if MPs vote for a no-deal Brexit, the government announced on Wednesday morning as businesses bemoaned the lack of consultation.
May's Brexit deal crushed by majority of 149
British MPs sank Theresa May's Brexit deal for a second time by an emphatic 149 votes as the prime minister conceded to a free vote on Wednesday on whether the UK should leave the European Union without a deal.
Boeing shares fall 7% as more carriers ground the 737 Max 8 jets
Boeing shares fell 7% on Tuesday, adding to the 5% it dropped on Monday, after more countries joined China and Indonesia in the grounding of the 737 Max 8 jet after the Sunday crash in Ethiopia that took the life of all its 157 passengers.
Attorney General: UK still at risk of being stuck in backstop
The Attorney General has stated that Theresa May’s tweaked withdrawal agreement has reduced the chances of the UK being caught permanently in the Irish backstop – but that the legal risk “remains unchanged”.