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LONDON, July 17- The yen hit a five-month high against the euro on Thursday on renewed safe-haven inflows as the West imposed further sanctions against Russia, which weighed on global risk sentiment.
*Spreadbetters expect lower opening for Europe. Spreadbetters expected European stock markets to follow suit, forecasting Britain's FTSE 100 would open as much as 0.25 percent lower, Germany's DAX down 0.15 percent and France's CAC 40 off 0.3 percent.
*Wall Street lags central bank's rate-rise expectations. SAN FRANCISCO/ NEW YORK, July 17- Investors may be ignoring subtle warnings from the Federal Reserve that a rate rise may come sooner than they think, setting the stage for another painful market contraction much like last year's "taper tantrum."
TOKYO, July 17- Benchmark Japanese government bond prices were steady on Thursday, while purchases by the Bank of Japan under its asset-buying easing programme lifted the superlong tenor. The BOJ offered to buy 30 billion yen of 25- year to 40- year JGBs, 100 billion yen of 10- year to 25- year JGBs and 400 billion of 5- year to 10- year JGBs.
*Gold inches up but still near four-week low. SINGAPORE, July 17- Gold ticked higher on Thursday to trade just above $1,300 an ounce as buyers emerged after a recent sharp drop in prices, but it was still near a four-week low as investors weighed the possibility of a sooner-than-expected hike in U.S. interest rates.
Mitul Kotecha, Head of FX Strategy for Asia Pacific at Barclays, discusses the movements in the greenback and U.S. bond markets after Fed chair Janet Yellen's testimony.
*Record closing high on Wall Street lifts Asia. TOKYO, July 17- Asian equities gained on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid speculation the U.S.
SINGAPORE, July 17- Gold was steady near a four-week low on Thursday, trading just below $1,300 an ounce, as stronger equities and data dimmed its safe-haven appeal, while investors weighed the possibility of a sooner-than-expected U.S. interest rate hike.
SEOUL, July 17- U.S. crude futures extended gains in early Asian trade on Thursday after rallying more than $1 in the previous session, supported by government data showing a sharper fall in U.S. crude stocks than forecast. *U.S. crude for August delivery gained 30 cents to $101.50 a barrel as of 0007 GMT.
TOKYO, July 17- Asian equities gained early on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid market speculation the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.15 percent.
July 16- Markets aren't afraid of Janet Yellen, but you might want to be. Yellen and her colleagues at the Federal Reserve Board took unusually frank aim at frothy valuations in social media and biotech shares, as well as at parts of the debt markets, in testimony before Congress this week.
NEW YORK, July 16- U.S. benchmark Treasury yields edged lower on Wednesday, slipping back from an early boost delivered after data suggesting the world's largest economy is on solid footing. Prices are high and you have the Fed nicely priced in, "said David Ader, head of government bond strategy at CRT Capital Group in Stamford, Connecticut.
CNBC's Steve Liesman and Diane Swonk, Mesirow Financial chief economist, react to Stan Druckenmiller's criticism of the Federal Reserve.
During congressional testimony on Tuesday and Wednesday, Fed Chair Janet Yellen said she was "optimistic" on the slowly growing economy.
*China data boosts stocks and oil outlook. NEW YORK, July 16- Stock markets around the world rose on Wednesday as strong China growth data and potential big deals in the United States boosted investor sentiment while concerns eased over the vulnerability of Portugal's largest listed lender.
*Intel climbs on earnings, outlook. *Time Warner rebuffs $80 bln bid from 21st Century Fox. Time Warner shares jumped 16.4 percent to $82.63 as the best performer on the S&P 500 after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.
NEW YORK, July 16- Billionaire investor Stanley Druckenmiller took another swipe at U.S. central bank policies on Wednesday, warning that continued low interest rates were too risky and could create fresh problems in the years ahead.
WASHINGTON, July 16- Federal Reserve Chair Janet Yellen defended the central bank's independence on Wednesday at a U.S. congressional hearing, handling tough questions from Republican lawmakers who want to rein in the Fed's authority.
Discussing Fed Chair Janet Yellen's comments on overstretched valuations in some sectors, and just what could go wrong with the Fed's plan, with Michael Novogratz, Fortress Investment Group Principal.
*Investors see limited fallout from Espirito Santo problems. LONDON, July 16- Portuguese bond yields fell on Wednesday, with investors more optimistic that the country's largest listed bank can deal with the financial troubles faced by its founding family, although uncertainty remained high.