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TIMOTHY A. CLARY/Contributor via Getty ImagesThe S&P 500 could soar another 18% by year-end, according to Oppenheimer.That's because the economy is strong and the Fed is likely to end its rate hike cycle.While 5% Treasury yields have…

© Reuters Investing.com-- Most Asian currencies moved little on Friday as markets hunkered down before a series of major central bank meetings next week, while the Japanese yen strengthened slightly on strong inflation data, but…

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a…

Investing.com-- Most Asian currencies fell slightly on Wednesday as strong overnight data boosted the dollar, while the Australian dollar rose sharply as a strong inflation reading fueled expectations for an interest rate hike in…

The UK unemployment rate remains low, according to the latest official figures. The figure stood at 4.2% in the three months to August this year, after changes to the Office for National Statistics (ONS) survey method. Under the new…

The data is here:TL;DR is of higher than expected inflation data from Australia. Right across all three measures: headline trimmed mean (a core inflation measure) weighted median (another core inflation measure)The Reserve Bank of…

A note via Westpac's new Chief Economist, Luci Ellis. Luci Ellis was previously the Assistant Governor (Economic) at the Reserve Bank of Australia, a position she held since December 2016. news of her departure from the Bank crossed in…

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a…

LD Philadelphia Federal Reserve President Patrick Harker thinks the U.S. central bank is likely done raising interest rates in the wake of ongoing disinflation, he said on Friday. "Absent a stark turn in what I see in the data and hear…

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a…