Fidelity Top Stories
US consumer confidence little changed in September, but inflation expectations slip
Consumer confidence in the US was little changed in September although expectations for inflation receded a tad, the results of a closely followed survey revealed.
German state CPI data point to above consensus turnout at national level
The cost of living in Germany picked up sharply during the previous month, driven in part by the expiry of a temporary government mandated reduction in rail fares.
US durable goods orders dip in August, amid 'apparent' rebound in orders for capital goods
Orders for goods made to last more than three years dipped last month, even as those for capital goods appeared to stage a rebound.
M3 money supply growth in euro area holds up, but decline in 'narrow money' accelerates
Money supply growth within the single currency block held up better than expected last month, although some economists said the data continued to point to slower economic growth.
Fed's Evans tells CNBC he's 'a little nervous' of moving too quickly on rates
A top US central bank official sounded a word of caution against moving too quickly on raising interest rates.
Markets react calmly to right-wing coalition's election win in Italy, for now
Financial markets reacted calmly to the victory by a right-wing coalition in Italian elections at the weekend.
Confidence slumps as UK consumers 'buckle' under cost of living crisis
Consumer confidence has tumbled to fresh lows, a closely-watched survey showed on Friday, as the cost of living crisis continues to weigh heavily.
US leading economic index potentially signalling a recession in August
An often-cited measure of economic growth slipped unexpectedly last month, potentially pointing to a recession, a leading business lobby group said.
BoJ intervenes for first time since 1998 to strengthen yen
Japanese authorities intervened in foreign exchange markets on Thursday with the aim of strengthening their currency for the first time since 1998.
'It is clear we need to keep raising rates,' ECB's Schnabel says
"It is clear that we need to continue raising rates" a top European Central Bank official said.
Yen slips past 145 as BoJ sticks with yield curve control
The Bank of Japan stuck to its policy of so-called yield curve control, triggering another decline in the country's currency.
Fed hikes by 75bp, guides towards slightly higher rate path
The Federal Reserve delivered a widely-expected 75 basis point interest rate hike, alongside a slightly more aggressive outlook for monetary policy in the near-term.
Russian President orders partial mobilisation of army reserves
Vladimir Putin called for a partial mobilisation of the country's reservists, in a move decried by many in the West as an escalation.
BofA expects new lows in stock market, tells clients to mind the 15 November
Equity strategists at BofA Securities told clients to expect new lows in the stock market as US Treasury note yields continue to move higher.
FedEx withdraws guidance, takes Royal Mail down with it
Royal Mail shares were hammered by the negative read-across in markets from US peer FedEx's decision to withdraw its full-year guidance after Thursday's close.
Chinese economic data for August surprise to the upside
Economic growth in Asia's largest economy held up slightly better than expected in August.
UK retail sales volumes fall sharply in August
Retail sales fell sharply last month hit by rising prices and the ensuing cost-of-living crisis.
Fed needs to keep at it until inflation comes down, Powell says
The head of the US Federal Reserve said that policymakers would have to "keep at it" until inflation came down.
MUFG sees rising risk of Japanese FX intervention
The risk of intervention in foreign exchange markets by authorities in Japan was contributing to recent weakness in the US dollar, MUFG analysts said.
Goldman ups call for September FOMC to a 75 basis point hike
Economists at Goldman Sachs revised their forecast for the path that the Federal Reserve's interest rate hikes will follow higher.