* Euro near 3 month high, on course for 3 weekly gains in row. * Safe-haven currencies soft on broad optimism on economy. * U.S. jobless rate expected to soar near 20% * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E. By Hideyuki Sano.
Britain's labour market remained in freefall during May as the coronavirus lockdown kept businesses closed, although the pace of decline eased slightly, a survey showed on Friday.
* April household spending down 11.1% yr/yr vs f'cast -15.4% * Marks biggest fall since comparable data available in 2001. * Analysts expect any second-half rebound to be modest. * Gloomy data points to challenges ahead for policymakers. By Leika Kihara.
Argentina's industrial output crashed 33.5% in April from the same month last year, the government's statistics agency said on Thursday, as the national lockdown to fight the coronavirus pandemic bludgeoned Latin America's No. 3 economy.
Argentina's industrial output crashed 33.5% in April compared with the same month last year, the government's statistics office said on Thursday, as the lockdown that started on March 20 against the coronavirus bludgeoned Latin America's No 3 economy.
Brazilian savings accounts grew by a record 37.2 billion in May, central bank figures showed on Thursday, as the lockdown measures to tackle the coronavirus crisis curbed spending across the country.
- Another 1.9 million people filed for unemployment benefits for the first time last week, according to data released by the Labor Department on Thursday, marking 11 straight weeks in which millions of Americans have filed claims for jobless benefits.
Another 1.9 million people filed for unemployment benefits for the first time last week, according to data released by the Labor Department on Thursday, marking 11 straight weeks in which millions of Americans have filed claims for jobless benefits.
The GAVI vaccines alliance said on Thursday it had raised $8.8 billion from international donor governments, companies and philanthropic foundations to fund its immunisation programmes through to 2025.
The GAVI vaccines alliance said on Thursday it had raised $8.8 billion from international donor governments, companies and philanthropic foundations to fund its immunisation programmes through to 2025.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
