Fed Evans: Comfortable with idea of a December rate hike

Chicago Fed President Charles Evans, speaking to Bloomberg TV this Wednesday, was noted saying that he is comfortable with the idea of a December rate hike as the US economic fundamentals remain very strong and inflation data has improved significantly.

Additional quotes:

   •  Sees inflation at objective or just above.
   •  It's fine for inflation to go above 2% for some time but would like to see stronger wage growth.
   •  Amazon pay rise continues the trend of companies announcing modest adjustments to lower paid workers.

AUD/USD drops to fresh 2-week lows, around mid-0.7100s

   •  Disappointing Aussie data kept exerting some downward pressure on Wednesday.    •  Goodish pickup in US bond yields underpinned USD and added t
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UK’s Duddridge submits letter to 1922 Committee calling on May to resign – Sky News

Sky News is out with the breaking news, citing that the UK lawmaker Duddridge submitted a letter to 1922 Committee calling on the UK PM Theresa May to
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