News Results

  1. BRIEF-TechnipFMC Announces Offering Of $850,000,000 Senior Notes
    Reuters | 12:27 AM EST

    TechnipFMC Plc (FTI): * TECHNIPFMC ANNOUNCES OFFERING OF $850,000,000 SENIOR NOTES. * INTENDS TO OFFER $850,000,000 AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES DUE 2026 Source text for Eikon: Further company coverage:

  2. Brent crude edges up as optimism over economy trumps demand concerns
    Reuters | 01/18/21 09:10 PM EST

    Brent crude futures edged up on Tuesday as optimism that government stimulus will buoy global economic growth and oil demand trumped concerns that renewed COVID-19 pandemic lockdowns globally could cool fuel consumption. Brent crude futures for March rose 17 cents, or 0.3%, to $54.92 a barrel by 0150 GMT after slipping 35 cents in the previous session.

  3. CANADA FX DEBT-C$ weakens ahead of Bank of Canada rate decision this week
    Reuters | 01/18/21 10:37 AM EST

    The Canadian dollar weakened against its U.S. counterpart on Monday, extending a pullback from a near three-year high, as rising coronavirus cases globally weighed on investor sentiment and ahead of ...

  4. IMF chief sees 'high degree of uncertainty' in global outlook
    Reuters | 01/18/21 09:59 AM EST

    The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic, and a growing divergence between rich and poor countries required the IMF to find more resources.

  5. EU needs "masterplan" to grab euro finance from London
    Reuters | 01/18/21 09:21 AM EST

    The European Union needs a "masterplan" to move euro financial services from London to the bloc if it wants to expand the single currency's role in a global economy dominated by the U.S. dollar, a senior EU lawmaker said on Monday. Markus Ferber, a senior member of the European Parliament, said if the EU wants to compete with the greenback, it needs a financial system to match it.

  6. Canada housing starts fall in December on urban multi units - CMHC
    Reuters | 01/18/21 08:35 AM EST

    Canadian housing starts fell 12.2% in December compared with the previous month, with a reduction in urban starts driven by a 15.1% decline in multiple-unit starts, data from the national housing agency showed on Monday. The seasonally adjusted annualized rate of housing starts fell to 228,279 units from a revised 259,949 units in November, the Canadian Mortgage and Housing Corporation said.

  7. Brazil IBC-Br economy activity index +0.59% in November - central bank
    Reuters | 01/18/21 07:09 AM EST

    Economic activity in Brazil rose a seasonally-adjusted 0.59% in November, a central bank indicator showed on Monday, slightly more than the 0.5% forecast in a Reuters poll of economists but the smallest of seven consecutive monthly increases.

  8. Five of six Bank of Israel MPC members voted to keep rate at 0.1%, minutes show
    Reuters | 01/18/21 06:50 AM EST

    Five of six rate setters at the Bank of Israel voted to keep the benchmark interest rate at 0.1% on Jan. 4, minutes of the discussions showed on Monday.

  9. Austrian central bank sees 2021 inflation at 1.4%
    Reuters | 01/18/21 04:15 AM EST

    The Austrian National Bank on Monday said it expected consumer prices harmonized with inflation data from other European Union countries to rise by 1.4% in 2021. It sees this inflation rate at 1.7% in 2022 and 2023 respectively, it said.

  10. JGB yields rise on report BOJ may widen policy target, 30-year hits highest since 2019
    Reuters | 01/18/21 02:14 AM EST

    Japanese government bond yields rose after a local media report that the central bank might widen the band of its policy target of 10-year yield and allow further rises when it reviews its policy framework in March. Jiji press reported on Friday the Bank of Japan could enlarge the current 10-year yield target of 0.2%, or 20 basis point above or below zero percent, to allow more policy flexibility.

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