News Results

  1. PRECIOUS-Gold firms on soft dollar ahead of US Fed decision
    Reuters | 01:46 AM EDT

    * US Fed statement due at 1800 GMT. * SPDR Gold Trust holdings rose 0.4% on Tuesday. * Dollar down 0.2% against its rivals. By Brijesh Patel. Gold prices inched higher on Wednesday, buoyed by a retreat in the dollar, while investors held back from placing large bets ahead of the U.S. Federal Reserve's policy decision later in the day. Spot gold edged 0.1% higher at $3,393 an ounce, as of 0517 GMT.

  2. China talks up digital yuan in push for multi-polar currency system
    Reuters | 01:40 AM EDT

    The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency system, where several currencies dominate the world economy.

  3. Analysis-BOJ's inflation warning leaves room for another rate hike this year
    Reuters | 01:31 AM EDT

    The Bank of Japan may take a long pause before raising interest rates again, but it has still left scope for action this year by signaling caution over broadening price pressures that could sow the seeds of too-high inflation.

  4. GLOBAL MARKETS-Jittery markets await Fed as Mideast conflict rages on
    Reuters | 01:27 AM EDT

    * Investors worry over greater US involvement in Mideast conflict. * Oil extends climb, dollar supported. * Federal Reserve decision comes later in the day. By Rae Wee. Concerns over escalating hostilities in the Middle East stayed front and centre in markets on Wednesday, sending oil prices higher and leaving investors hesitant to scoop up risk assets.

  5. S.Korea central bank says US tariffs may exert downward price pressure
    Reuters | 01:03 AM EDT

    South Korea's central bank said on Wednesday that U.S. tariffs were likely to exert downward price pressure domestically as more Chinese goods might be sent to neighbouring countries rather than the U.S. because of Washington's levies.

  6. JGBs gain on Middle East tensions, cautious BOJ stance
    Reuters | 12:32 AM EDT

    Japanese government bonds gained on Wednesday, tracking a rally for U.S. Treasuries overnight, as escalating tensions in the Middle East boosted demand for safe-haven assets. The 10-year JGB yield was down 2 basis points at 1.455%, as of 0413 GMT, tracking a more than 6 bps drop in equivalent U.S. Treasuries overnight.

  7. Morning Bid: Gloom pervades ahead of Fed meet's outcome
    Reuters | 12:32 AM EDT

    A look at the day ahead in European and global markets from Rae Wee. Markets head into Wednesday's Federal Reserve rates decision with much uncertainty around the global economy, trade and geopolitical ties.

  8. MORNING BID EUROPE-Gloom pervades ahead of Fed meet's outcome
    Reuters | 12:30 AM EDT

    A look at the day ahead in European and global markets from Rae Wee. Markets head into Wednesday's Federal Reserve rates decision with much uncertainty around the global economy, trade and geopolitical ties.

  9. Singapore MAS survey shows economists cut GDP, inflation forecasts and see more easing
    Reuters | 12:02 AM EDT

    Economists have lowered their forecasts for Singapore's growth and inflation this year and are expecting a further easing of monetary policy next month, a survey of forecasters by the Monetary Authority of Singapore showed on Wednesday.

  10. Kearney and the World Economic Forum Outline Three Priorities for Advanced Air Mobility: Real-World Implementation, Cross-Sector Collaboration, and Early Drone Insights
    Business Wire | 12:00 AM EDT

    LONDON---- Leading global consultancy Kearney, in partnership with the World Economic Forum, has today published a new report highlighting the rapid evolution of advanced air mobility from concept to practical deployment.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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