Fidelity Top Stories
An interest rate cut may be warranted soon, Fed's Bullard says
The head of the Federal Reserve bank of St. Louis, James Bullard, believes a reduction in short-term official interest rates may be "warranted soon", even if only as insurance against a sharper-than-expected slowdown in the economy.
Donald Trump arrives in UK amid political chaos and rising trade tensions
US President Donald Trump has arrived in the UK on Monday amid an atmosphere of local political tensions and anger over comments made by the US ambassador who suggested the NHS should be "on the table" in future trade negotiations.
UK manufacturing PMI registers unexpectedly sharp drop in May
Factory sector activity in the UK shrank for the first time in nearly three years in May, as companies began to unwind the stockpiles that they had built up ahead of the original Brexit date and amid increased trade tensions globally, according to the results of a closely-followed survey.
Caixin China manufacturing PMI steady in May, surprising consensus
Activity in China's manufacturing sector was steady last month, according to the results of perhaps the most closely-followed survey of conditions in the sector.