News Results

  1. GLOBAL MARKETS-Asian stocks edge down as investors eye central bank hikes
    Reuters | 12:50 AM EST

    Asian shares edged down and bonds nursed small losses on Tuesday as investors braced for an eventful week that will include central bank meetings, a slew of earnings reports and key U.S. economic data. Investors broadly expect the U.S. Federal Reserve to raise interest rates by 25 basis points on Wednesday.

  2. For ASEAN countries, IMF sees slower global growth outweighing China reopening
    Reuters | 12:07 AM EST

    International Monetary Fund economists said on Tuesday that Singapore and other Southeast Asian economies are seeing downgrades to their 2023 growth outlooks because slowing global growth will outweigh the positive impact from China's economic reopening.

  3. INDIA RUPEE-Rupee declines as risk sentiment hit ahead of budget, Fed
    Reuters | 01/30/23 11:50 PM EST

    The Indian rupee eased on Tuesday against a stronger dollar, with investors keeping a close eye on equity markets while they awaited the domestic Union budget and the U.S. Federal Reserve meeting. The rupee fell to 81.67 per dollar by 10:15 a.m. IST, compared to its previous close of 81.4950. The currency is headed for a monthly gain of about 1.3%, relatively less than its peers.

  4. Oil slips on rate hike worries, Russian crude flows despite China performance
    Reuters | 01/30/23 11:30 PM EST

    * Positive China data buoys sentiment. * OPEC+ seen sticking with oil output policy at Feb. 1 meeting. * Investors watch for central bank rate hikes. By Laila Kearney and Trixie Sher Li Yap. Oil prices extended losses on Tuesday as the threat of further interest rate increases and continued Russian crude flows cancelled out demand recovery expectations from China.

  5. PRECIOUS-Gold edges higher, on track for third straight monthly gain
    Reuters | 01/30/23 10:18 PM EST

    * Gold set for gain of over 5% in January. * Silver, platinum, palladium set for monthly fall. * Fed policy meeting on Jan. 31 - Feb. 1. By Ashitha Shivaprasad. Gold prices edged up on Tuesday, en route to their third straight month of gains, as the dollar weakened, while market participants awaited the U.S. Federal Reserve policy decision later this week amid hopes of a less-aggressive rate hike.

  6. GRAINS-U.S. futures little changed as investors focus on central bank meetings
    Reuters | 01/30/23 10:14 PM EST

    U.S. wheat, soybean and corn futures were little changed in early Asian trading on Tuesday as caution prevailed across markets ahead of a slew of central bank policy meetings this week, including the U.S. Federal Reserve. FUNDAMENTALS. * The most-active soybean contract on the Chicago Board of Trade was virtually flat at $15.35 a bushel, as of 0237 GMT.

  7. INDIA STOCKS-Indian shares set to rise, with Adani Group, budget, Fed on watch
    Reuters | 01/30/23 09:48 PM EST

    Indian shares are set to open higher on Tuesday, the final day of Adani Enterprises' mega secondary share sale and a day ahead of the Union budget, with investors also keeping an eye out for interest rate decisions by global central banks later this week. India's NSE stock futures listed on the Singapore exchange were up 0.47% at 17,789 as of 08:11 a.m. IST.

  8. Asian stocks edge down as investors eye central bank hikes
    Reuters | 01/30/23 09:12 PM EST

    - Asian shares edged down and bonds nursed small losses on Tuesday as investors braced for an eventful week that will include central bank meetings, a slew of earnings reports and key U.S. economic data. Investors broadly expect the U.S. Federal Reserve to raise interest rates by 25 basis points on Wednesday.

  9. China economic activity swings back to growth in January - official PMI
    Reuters | 01/30/23 09:08 PM EST

    China's economic activity swung back to growth in January, after a wave of COVID-19 infections passed through the country faster than expected following abandonment of pandemic controls.

  10. GLOBAL MARKETS-Asian stocks slip as investors eye central bank hikes
    Reuters | 01/30/23 09:07 PM EST

    Asian shares traded cautiously and bonds nursed small losses on Tuesday as investors braced for an eventful week that includes central bank meetings, a slew of earnings reports and key U.S. economic data. Investors broadly expect the U.S. Federal Reserve will raise interest rates by 25 basis points on Wednesday.

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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