Fidelity Top Stories
Chinese money supply data point to faster growth in 2021
Money supply growth in the People's Republic of China picked up noticeably last month, leading some economists to push back on expectations for further interest rate cuts - at least for the moment.
BofA touts 'value' and ESG stocks, cautious towards S&P 500
Strategists at Bank of America pointed clients towards so-called 'value' stocks for the next few months, highlighting a slew of factors which, they said, should see them outperform as the US economy moves out of the deep recession phase and into a recovery.
US to start studies into three vaccine candidates from July
Authorities in the US are planning to fund and conduct studies into three experimental vaccines for the novel coronavirus, including that being developed by Oxford University's Jenner institute and AstraZeneca.
UK jobs, trade at risk under no-deal Brexit, says OECD
Britain faced risks to trade and jobs if it did not reach a post-Brexit deal with the European Union by the end of 2020, the Organisation for Economic Co-operation and Development said.
Downside surprise in May CPI as energy prices weigh
The cost of living in the US continued to fall last month amid a sharp drop for energy prices and apparel, bringing the country to the brink of deflation.
UK to take biggest GDP hit from coronavirus impact - OECD
The coronavirus pandemic has caused the deepest global recession in a century, with the UK economy likely to suffer the worst damage among developed nations, the Organisation for Economic Cooperation and Development said on Wednesday.
HSBC slammed by Pompeo over support for HK security law
British bank HSBC has been rebuked by US secretary of state Mike Pompeo for supporting Hong Kong's controversial security law, calling it a “show of fealty”.
Intl Personal Finance collections up as Covd-19 lockdowns ease
Doorstep lender International Personal Finance reported an improvement in collections as coronavirus lockdown measures eased in Europe and Mexico.