News Results

  1. GLOBAL MARKETS-Bulls on the charge after Fed signals smaller hikes
    Reuters | 12/01/22 08:23 AM EST

    * World stocks climb to highest since August. * Powell bolsters bets for 50 bps U.S. rate hike this month. * Bond markets rally on hopes of lower terminal rates. * Dollar sags to lowest since August. * China eases some COVID quarantine rules. * Wall Street expected to see slow start after Wednesday's surge. By Marc Jones.

  2. Brazil GDP growth slows more than expected as high interest rates bite
    Reuters | 12/01/22 07:34 AM EST

    Brazil's economic growth slowed more than expected in the third quarter as higher interest rates affected household spending, underscoring challenges facing President-elect Luiz Inacio Lula da Silva next year. Gross domestic product rose 0.4% in the three months to September, government statistics agency IBGE said on Thursday, below the 0.7% growth forecast by economists polled by Reuters.

  3. FOREX-Yen, pound hit strongest in three months on Powell remarks on Fed slowing
    Reuters | 12/01/22 07:33 AM EST

    The dollar weakened to three month-lows against the yen and the pound on Thursday, after comments by Fed Chair Jerome Powell that U.S. rate hikes could be scaled back "as soon as December", but the euro failed to climb past a major resistance level.

  4. Brazil GDP growth slows more than expected as high interest rates bite
    Reuters | 12/01/22 07:30 AM EST

    Brazil's economic growth slowed more than expected in the third quarter as higher interest rates affected household spending, underscoring challenges facing President-elect Luiz Inacio Lula da Silva next year. Gross domestic product rose 0.4% in the three months to September, government statistics agency IBGE said on Thursday, below the 0.7% growth forecast by economists polled by Reuters.

  5. Brazil's GDP up 0.4% in third quarter
    Reuters | 12/01/22 07:03 AM EST

    Brazil's economy rose 0.4% in the three months to September, government statistics agency IBGE said on Thursday, below the 0.7% growth expected by economists polled by Reuters. Latin America's largest economy expanded by 3.6% from the third quarter of 2021, while economists projected a 3.7% increase.

  6. Form FWP ROYAL BANK OF CANADA Filed by: ROYAL BANK OF CANADA
    EDGAR SEC Filings | 12/01/22 07:01 AM EST

    http://archive.fast-edgar.com/20221201/AI25AQ2CZZ22OZF2229P2Z424NWBZC22X242 Filed on: December 1, 2022.

  7. This Direction-Neutral SPY Options Trade Ahead Of Powell's Speech Would've Doubled Your Money
    | 12/01/22 06:57 AM EST

    Major Wall Street indices soared on Wednesday after?Federal Reserve?Chair?Jerome Powell?said the central bank may slow the pace of rate hikes as soon as December while also noting that?bringing down inflation?remained a long battle.

  8. BRIEF-Royal Bank Of Canada To Appoint Jacynthe C?t? As Chair Of Board
    Reuters | 12/01/22 06:45 AM EST

    Royal Bank of Canada (RY): * ROYAL BANK OF CANADA TO APPOINT JACYNTHE C?T? AS CHAIR OF THE BOARD. * Royal Bank of Canada (RY) - KATHLEEN TAYLOR TO RETIRE AS CHAIR AT RBC'S 2023 MEETING OF SHAREHOLDERS Source text for Eikon: Further company coverage:

  9. Botswana central bank holds main policy rate, sees inflation decline
    Reuters | 12/01/22 06:45 AM EST

    Botswana's central bank kept its monetary policy rate unchanged at 2.65% on Thursday, saying it saw inflation gradually falling back within its target range by 2024. Botswana's consumer inflation dipped to 13.1% year on year in October from 13.8% in September, but is still far above the central bank's 3%-6% preferred band.

  10. TD Bank quarterly profit jumps on higher rates boost
    Reuters | 12/01/22 06:37 AM EST

    Canada's TD Bank posted a surge in fourth-quarter profit on Thursday as gains from higher interest rates boosted its personal and commercial business and helped offset weakness in underwriting and capital markets. Net income, excluding one-off items, rose to C$4.07 billion, or C$2.18 per share, for the three months ended Oct. 31, from C$3.87 billion, or C$2.09 per share, a year earlier.

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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