News Results

  1. Goldman Sachs sees Fed delivering its first rate cut in Q3 2024
    Reuters | 12:17 AM EST

    - Goldman Sachs forecasts the U.S. Federal Reserve delivering the first rate cut in the third quarter of next year, earlier than its previous forecast of the fourth quarter, citing better inflation news.

  2. PRECIOUS-Gold slips ahead of central bank meetings, key US data this week
    Reuters | 12/10/23 10:09 PM EST

    * Gold fell about 3.3% last week. * Focus on U.S. CPI data on Tuesday. * Fed statement, Powell speech eyed for more guidance. * Speculators cut net long position in COMEX gold - CFTC. By Brijesh Patel.

  3. GLOBAL MARKETS-Asian stocks ease, rate cut hopes to be tested in week of central bank meetings
    Reuters | 12/10/23 09:02 PM EST

    * Asian stock markets : https://tmsnrt.rs/2zpUAr4. * Nikkei rallies 1.6%, S&P 500 futures flat. * Fed leads five central bank meetings this week. * Treasuries to be tested by $108 bln of new supply. By Wayne Cole.

  4. PRECIOUS-Gold steady ahead of central bank meetings, key US data this week
    Reuters | 12/10/23 07:56 PM EST

    Gold steadied on Monday after a sharp decline in the previous session, as investors looked forward to several major central bank meetings and U.S. inflation data release this week for further direction. FUNDAMENTALS. * Spot gold was up 0.1% at $2,005.85 per ounce as of 0038 GMT, after dropping about 3.3% last week in its worst week in more than two months.

  5. Dollar steady with US inflation, Fed meeting eyed; yuan heavy
    Reuters | 12/10/23 07:50 PM EST

    The dollar started Monday on the front foot, with a reading on U.S. inflation and the Federal Reserve's last policy meeting for the year likely to set the tone for the week, while rising deflationary pressure in China leant on the yuan.

  6. FOREX-Dollar steady with US inflation, Fed meeting eyed; yuan heavy
    Reuters | 12/10/23 07:47 PM EST

    The dollar started Monday on the front foot, with a reading on U.S. inflation and the Federal Reserve's last policy meeting for the year likely to set the tone for the week, while rising deflationary pressure in China leant on the yuan.

  7. Asian stocks ease, rate cut hopes to be tested in week of central bank meetings
    Reuters | 12/10/23 07:19 PM EST

    Asian shares drifted lower on Monday ahead of a week packed with a quintet of central bank meetings and data on U.S. inflation that could make or break market hopes for an early and rapid fire round of rate cuts next year. An upbeat payrolls report has already seen investors scale back expectations for a March cut by the Federal Reserve, though May remains priced at a 76% chance.

  8. GLOBAL MARKETS-Asian stocks brace for central bank bonanza
    Reuters | 12/10/23 07:16 PM EST

    * Asian stock markets : https://tmsnrt.rs/2zpUAr4. * Nikkei rallies 1%, S&P 500 futures flat. * Fed leads five central bank meetings this week. * Treasuries to be tested by $108 bln of new supply. By Wayne Cole.

  9. China's consumer prices fall fastest in 3 years, factory-gate deflation deepens
    Reuters | 12/10/23 07:01 PM EST

    * Nov CPI -0.5% y/y vs -0.2% in Oct. * Nov CPI -0.5% m/m vs -0.1% in Oct. * Nov PPI -3.0% y/y vs -2.6% in Oct. China's consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery.

  10. China's consumer prices fall fastest in 3 years, factory-gate deflation deepens
    Reuters | 12/10/23 07:01 PM EST

    China's consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery. The consumer price index dropped 0.5% both from a year earlier and compared with October, data from the National Bureau of Statistics showed on Saturday.

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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