Fed's Kaplan: Baseline view is still three rate hikes for 2017

Dallas Fed's President Robert Kaplan crossed on the wires, via Reuters, noting that if the economic pace is faster than expect, could do more rate hikes, or less if the pace is slower.

More headlines (via Reuters):

  • Baseline view is still three rate hikes for 2017
  • Watching recent moves in 10-year treasuries, may be a transitory flight to quality
  • Lower bond yields may reflect outlook for growth

USD/JPY drops below 114 on North Korea headlines

The USD/JPY pair erased some of its daily gains in the late US afternoon and dropped back below the 114 handle on a fresh wave of risk aversion. As of
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United States API Weekly Crude Oil Stock declined to -5.78M from previous -4.15M

United States API Weekly Crude Oil Stock declined to -5.78M from previous -4.15M
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