News Results

  1. PRECIOUS-Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data
    Reuters | 01/16/25 05:04 AM EST

    * Gold hits its highest level since Dec. 12. * Traders bring back bets on two Fed rate cuts in 2025. * De-escalating geopolitical tensions can dilute safe-haven demand-analyst. By Anushree Mukherjee and Ashitha Shivaprasad.

  2. Oil prices fall on expected halt to Houthi shipping attacks
    Reuters | 01/16/25 04:49 AM EST

    * Maritime security officials expect halt to Houthi shipping attacks. * Strong US retail sales report further clouds outlook for Fed rate cuts. * Fed governor's comments ease some investors' rate-cut concerns. By Georgina McCartney.

  3. FOREX-Dollar steadies ahead of Trump inauguration, yen rises before BOJ meeting
    Reuters | 01/16/25 04:34 AM EST

    * Dollar steadies before Trump inauguration. * Traders eyeing Bessent nomination hearing. * Yen firms vs dollar and euro on possible BOJ rate hikes. By Stefano Rebaudo and Tom Westbrook.

  4. Bitcoin Poised to Top Record as Trump Inauguration Nears, Major Coins Due for 10% Swings: Traders
    Coindesk | 01/16/25 04:27 AM EST

    Wednesday's soft U.S. core CPI has opened doors for traders to focus on Trump's swearing in and the possibility of first-day pro-Crypto (CRCW) announcement.

  5. Dow Jumps 700 Points Following Inflation Data: Greed Index Remains In 'Fear' Zone
    Benzinga | 01/16/25 04:07 AM EST

    The CNN Money Fear and Greed index remained in the ?Fear? zone on Wednesday. U.S. stocks settled higher on Wednesday, with all three major indices recording their best day since Nov. 6. On the economic data front, the headline Consumer Price Index rose 2.9% year-over-year in December, up from November?s 2.7%, matching economist forecasts.

  6. EMERGING MARKETS-Indonesian rupiah, Korean won hit by surprise central bank rate calls
    Reuters | 01/16/25 03:14 AM EST

    The Indonesian rupiah stayed near six-month lows on Thursday, while the South Korean won snapped a three-day winning streak after both countries' central banks shocked investors by eschewing ...

  7. METALS-Metals rise on weaker dollar, aluminium up on EU plan to ban Russian metal
    Reuters | 01/16/25 03:07 AM EST

    Most base metals rose on Thursday as the dollar weakened after soft U.S. core inflation raised hopes that the Federal Reserve could cut interest rates further. The dollar index paused its rally following the release of core consumer price index data. A weaker dollar makes greenback-priced commodities cheaper for holders of other currencies.

  8. Shanghai sets development targets for 2025
    PR Newswire | 01/16/25 02:58 AM EST

    SHANGHAI, Jan. 16, 2025 A news report from english.shanghai.gov.cn Shanghai's gross domestic product is expected to grow by around 5 percent in 2025 as the city enters a new phase in terms of urban economic scale, with the city's GDP surpassing 5 trillion yuan last year, said Mayor Gong Zheng on Jan 15.

  9. Shanghai achieves new milestone in economic development
    PR Newswire | 01/16/25 02:57 AM EST

    SHANGHAI, Jan. 15, 2025 A news report from english.shanghai.gov.cn Shanghai entered a new phase in terms of urban economic scale as its gross domestic product surpassed 5 trillion yuan last year based on the city's around 5 percent year-on-year growth, said Mayor Gong Zheng on Jan 15.

  10. GLOBAL MARKETS-Stocks up with US rate cuts back in view; yen at one-month high
    Reuters | 01/16/25 02:19 AM EST

    * * Yen rises to one-month high on growing rate hike wagers. * Dollar eases after cool US inflation revives rate cut hopes. * US earnings kick off with strong showing by banks. By Ankur Banerjee.

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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