Fidelity Top Stories
Trump calls for relief for US oil and gas industry, OPEC calls meeting
US President Donald Trump reiterated his support for America's oil and gas industry on Tuesday, saying his administration was working on relief measures for the sector.
First half likely to be 'very ugly', warns BoE chief economist
The Bank of England’s chief economist Andy Haldane believes Covid-19 has already caused the UK’s economy to shrink, with a further, sharper contraction likely as the first half continues.
US oil slides back into negative territory as turmoil continues
The price of oil for May delivery slid back into negative territory on Tuesday, as modest improvements overnight receded and June contracts started to come under pressure.
BofA hikes target for gold 18 months ahead by half
Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.
Italy to significantly ease lockdown from 4 May, Conte says
Italian authorities will ease the Mediterranean country's lockdown measures significantly, possibly as soon as in a fortnight.