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Fed's Lockhart: Not ruling out two rate hikes this year

More quotes from Fed Atlanta President's Dennis Lockhart are crossing the wires last minutes, during a Q&A session with reporters, highlighting that he wouldn't rule out two rate hikes this year.

Key headlines, via Reuters:

  • If meeting were today, data merits serious discussion
  • I welcome idea of examining monetary policy orthodoxy
  • Says he wouldn't rule out rate hike in September
  • Still conceivable for two Fed rate hikes this year

Oil reaches 5-week highs ahead of inventory data

Oil prices extended their rally into a fourth consecutive day on Tuesday, with WTI hitting a 5-week high, with a weakening US dollar underpinning the
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