News Results

  1. FOREX-Dollar falls to 3-month low vs yen on Powell remarks on Fed slowing
    Reuters | 12/01/22 04:05 AM EST

    The dollar tumbled more than 1.5% to a three-month low against the yen on Thursday, after comments by Fed Chair Jerome Powell that U.S. rate hikes could be scaled back "as soon as December" though the euro failed to climb past a major resistance level.

  2. EMERGING MARKETS-FX hits highest level since August on bets of Fed, China's COVID policy pivots
    Reuters | 12/01/22 03:49 AM EST

    * Dollar tumbles as Powell says Fed to go slow. * S.African rand down after panel findings against president. * China's factory activity shrinks amid COVID curbs - Caixin PMI. * Polish manufacturing slump drags on -PMI. * Turkish factory activity contracts for 9th straight month - PMI. By Bansari Mayur Kamdar.

  3. Euro zone yields drop as Fed chair signals smaller hikes ahead
    Reuters | 12/01/22 03:25 AM EST

    Euro zone yields dropped on Thursday, taking cues from moves in U.S. Treasuries, after Federal Reserve chair Jerome Powell signalled the central bank could slow its pace of policy tightening as soon as its December meeting.

  4. European shares jump on Powell's speech, China relief
    Reuters | 12/01/22 03:19 AM EST

    European shares scaled over three-month highs on Thursday, cheered by U.S. Federal Reserve Chair Jerome Powell signalling smaller interest rate hikes ahead, and China softening its tone on strict COVID-19 rules. The pan-European STOXX 600 index rose 0.9% by 0810 GMT, after rising 6.8% in November, its best month since July.

  5. Russian rouble slips to near 7-week low vs yuan
    Reuters | 12/01/22 03:11 AM EST

    * This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. The rouble weakened to a near seven-week low against the yuan on Thursday and also edged lower versus the dollar, as markets reacted to Federal Reserve comments on interest rates and the Russian currency was squeezed by the end of a favourable tax payment period.

  6. Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening: Reuters poll
    Reuters | 12/01/22 02:58 AM EST

    - Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects of China's reopening, a Reuters poll found, while bearish positions on other Asian currencies hovered at multi-month lows amid a weaker greenback.

  7. SNAPSHOT-India stocks, rupee, swaps, call at 1 p.m. IST
    Reuters | 12/01/22 02:38 AM EST

    STOCKS: The benchmark BSE Sensex rose 313.55 points, or 0.5%, to 63,413.2, while the broader NSE index gained 84.05 points, or 0.45%, to 18,842.4, tracking a global rally after Federal Reserve Chair Jerome Powell hinted at slowing the pace of interest rate hikes "as soon as December."

  8. Japanese stocks log biggest weekly foreign inflow in over four months
    Reuters | 12/01/22 01:59 AM EST

    Foreign investors were massive buyers of Japanese stocks in the week ended Nov. 25, as minutes from the Federal Reserve's latest meeting boosted hopes that the U.S. central bank would slow the pace of its interest rate hikes. Foreigners poured a net 987 billion yen into Japanese equities last week, marking their biggest weekly net buying since July 8, data from exchanges showed.

  9. Nikkei snaps four-day losing streak on Powell's comments
    Reuters | 12/01/22 01:42 AM EST

    Japan's Nikkei index snapped a four-session losing streak on Thursday after Wall Street rose sharply overnight as U.S. Federal Reserve Chair Jerome Powell struck a more dovish tone than the market had expected.

  10. Analysis-China central bank to offer limited, targeted growth support, no bazooka
    Reuters | 12/01/22 01:32 AM EST

    China's $17 trillion economy is headed for one of its worst showings this year in almost half a century, but its central bank has limited options in its armoury for providing policy support as it would want to avoid stoking capital flight.

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.

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