SEOUL, Aug 1- South Korean exports in July grew at their fastest annual clip in seven months, but relatively subdued inflation and weakness in shipments to China kept alive the prospect of an interest rate cut at this month's central bank policy review.» Read More
U.S. producer prices rose more than expected in June with gains across most categories, indicating some inflation.
*China data lifts stocks, oil and metals outlook. LONDON, July 16- Stocks rose in Europe on Wednesday after China reported economic growth figures that were slightly stronger than markets had expected, although the reaction in Asia was more muted. The China data helped push Shanghai zinc and London aluminium close to their highest in more than a year.
CNBC's Rick Santelli discusses bond prices and yields.
Yellen said there were signs of a production and spending rebound in the second quarter, but 'this bears close watching.'
Senator Charles Schumer, (D-N.Y.) asks Fed Chair Janet Yellen to discuss the Fed's plan to accelerate the end of quantitative easing and raising interest rates.
TEXT-FED'S YELLEN'S PREPARED TESTIMONY TO SENATE PANEL@. July 15- The following is the full text of Federal Reserve Chair Janet Yellen's semiannual testimony on the U.S. economy and monetary policy as prepared for delivery on Tuesday to the Senate Banking Committee.
Inflation concerns about rising wages as the economy continues to recover are unfounded, Pimco's Paul McCulley tells CNBC ahead of Janet Yellen's Senate testimony.
CNBC's Steve Liesman and Paul McCulley, Pimco chief economist, provide perspective on Tuesday's retail sales numbers and weigh in on Fed policy ahead of Janet Yellen's Capitol Hill testimony.
LONDON, July 15- Global investors betting on a pickup in economic growth in the second half of 2014 have driven equity overweight positions to three-year highs, a closely watched survey showed on Tuesday.
Paul McCulley, Pimco chief economist, provides perspective on why the banking sector will have to change its current business model.
Paul McCulley, Pimco chief economist, shares his thoughts on Fed policy, Janet Yellen and interest rates.
The Fed needs to get off of zero interest rates in a reasonable time frame, says Paul McCulley, Pimco chief economist, discussing the Fed exiting its easy money policy.
Bill Gross is my friend, says Paul McCulley, Pimco chief economist, talking about his return to Pimco after the departure of Mohamed El-Erian. Pimco is in my blood, says McCulley.
The Fed has been successful against great odds and a great deal of criticism from Wall Street, says Paul McCulley, Pimco chief economist, sharing his thoughts on Fed policy, Janet Yellen and the economic recovery.
Fed Chair Janet Yellen begins two days of testimony before Congress. Will Yellen stay the course or ruin the rally? Michael Tyler, Easter Bank Wealth Management, and Jim Swanson, MFS Investment Management, discuss what they expect to hear from Yellen's testimony.
*BOJ keeps policy steady, as widely expected. TOKYO, July 15- The Bank of Japan's governor voiced confidence on Tuesday that inflation would hold above 1 percent even when a boost from energy costs fades, attempting to convince sceptics the economy was recovering and there was no threat of a return to deflation.
James Knightley, U.K. economist at ING Wholesale Banking, reacts to the latest U.K. inflation data and says it is likely to climb a bit higher as the slack in the economy shrinks.
Ed Rogers, CEO & CIO at Rogers Investment Advisors, explains his optimism for Japan to achieve its 2 percent inflation target.
*Fed chief to testify to Congress on Tuesday, Wednesday. TOKYO, July 15- The dollar edged up against the yen on Tuesday after the Bank of Japan tweaked its growth forecast lower, although currency moves were small as investors waited for Federal Reserve Chair Janet Yellen's congressional testimony later in the session.
TOKYO, July 15- The Bank of Japan kept monetary policy steady on Tuesday and slightly trimmed its economic growth forecast for the current fiscal year, reflecting soft exports and a bigger-than-expected slump in household spending after the April sales tax hike.