Fed's Kaplan (Voter) reiterates that the tight US labour market calls for removal of some accommodation and that balance sheet run off should begin soon, he stresses that he hasn't committed to raising interest rates again this year

- Global oil markets in fragile equilibrium, sees a good chance of global undersupply in 5-7 years

Reaction details (18:55)

- Oil markets moved around USD 0.20/bbl higher to fresh session highs on Kaplan's oil related comments

Analysis details (18:48)

- This is similar to what Kaplan has said before, as he has stressed that he needs to see more progress on inflation before voting to hike interest rates

23 Aug 2017 - 18:44- Fixed Income- Source: Newswires

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