News Results

  1. Brazil's unemployment rate will be 8% before the year ends, minister says
    Reuters | 09:02 PM EDT

    Brazil Economy Minister Paulo Guedes said on Tuesday the country's unemployment rate will be 8% before the year ends and that economic growth will exceed analysts' forecasts. "Before the year ends, we are going down to 8% ... we are going to end the year with the lowest unemployment rate we have seen in the last 10 or 15 years," he said.

  2. FOREX-Dollar trades solidly in calm before CPI storm
    Reuters | 08:17 PM EDT

    The dollar traded firmly on Wednesday in anticipation of U.S. inflation data, which even if it comes in softer-than-expected is still likely to be so red hot that steep U.S. interest rate rises will ...

  3. CANADA STOCKS-Toronto market gives back some recent gains as tech weighs
    Reuters | 04:50 PM EDT

    * TSX ends down 90.87 points, or 0.5%, at 19,578.30. * Technology loses 4.1%; Nuvei (NVEI) tumbles 21.4% * Health care drops 7.9% as cannabis shares slide. * Energy gains 0.6% By Fergal Smith. Canada's main stock index fell on Tuesday, with technology shares leading the move lower ahead of U.S. inflation data expected to set the tone for additional Federal Reserve interest rate increases.

  4. Argentina's central bank likely to raise interest rate this week, say traders
    Reuters | 04:39 PM EDT

    Argentina's central bank is likely to raise its benchmark interest rate by 600 basis points this week to tackle the country's high inflation, market participants told Reuters on Tuesday.

  5. Argentina's central bank likely to raise interest rate this week, say traders
    Reuters | 04:36 PM EDT

    Argentina's central bank is likely to raise its benchmark interest rate by 600 basis points this week to tackle the country's high inflation, market participants told Reuters on Tuesday.

  6. TREASURIES-Yields rise as investors await Wednesday's inflation data
    Reuters | 03:30 PM EDT

    U.S. Treasury yields edged higher on Tuesday as investors waited on highly anticipated inflation data on Wednesday, which will be scrutinized for how aggressively the Federal Reserve might continue ...

  7. Argentina industrial output up 6.9% in June vs a year ago -stats agency
    Reuters | 03:05 PM EDT

    Argentina's industrial output grew 6.9% in June from a year ago in non-seasonally adjusted terms and rose 2.6% in seasonally adjusted terms from May, the government's INDEC statistics agency said on Tuesday.

  8. FOREX-Dollar edges lower as traders await U.S. inflation report
    Reuters | 10:52 AM EDT

    The dollar edged lower on Tuesday in thin summer trading with market participants in wait-and-see mode ahead of key inflation figures that could shed more light on how aggressive the Federal Reserve might be in its expected interest rate hike in September.

  9. Column - U.S. manufacturing activity shows signs of peaking: Kemp
    Reuters | 10:48 AM EDT

    U.S. manufacturing production probably peaked during the second quarter, though the data are noisy and conflicting, and a turning point may not become obvious until September or October. U.S. manufacturing output in June was down by 0.4% compared with March though it was still up by 3.6% compared with the same month a year earlier, estimates prepared by the Federal Reserve Board found.

  10. BRIEF-Bank of Canada to auction C$16 billion of T-bills on Aug. 16
    Reuters | 10:43 AM EDT

    * BANK OF CANADA TO AUCTION C$16 BILLION OF T-BILLS ON AUG. 16, FINAL CALL FOR TENDERS SHOWS. * BANK OF CANADA TO SELL C$9.2 BILLION 98-DAY T-BILLS, C$3.4 BILLION 182-DAY T-BILLS, C$3.4 BILLION 364-DAY T-BILLS Source text for Eikon: https://www.bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/regular-treasury-bills/

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.

fir_news_results