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The Fed Janet Yellen

  • WASHINGTON, July 18- U.S. import prices fell for a second straight month in June amid further declines in the cost of petroleum products, suggesting inflation could remain benign in the near term. "The focus should be on the dollar," said John Ryding, chief economist at RDQ Economics in New York. The Labor Department said on Tuesday that import prices decreased 0.2...

  • LONDON, July 18- Banks overtook tech stocks as the most overweight global sector in July, according to a copy of Bank of America Merrill Lynch's fund manager poll seen by Reuters, with' long Nasdaq' deemed the most crowded trade for the third straight month. The survey, which polled 207 asset managers with $586 billion under management, was carried out between July 7...

  • WASHINGTON, July 18- U.S. import prices fell for a second straight month in June amid further declines in the cost of petroleum products, suggesting inflation pressures could remain benign for a while. The Labor Department said on Tuesday that import prices decreased 0.2 percent last month after an upwardly revised 0.1 percent decline in May.

  • LONDON, July 18- Emerging stocks flirted with 27- month highs on Tuesday while currencies firmed a touch as the dollar traded at 10- month lows after the collapse of a key U.S. healthcare bill raised doubts about President Donald Trump's reform agenda. Chinese mainland shares rose 0.3 percent after falling 1.4 percent on Monday due to a sharp sell off in small...

  • TOKYO, July 18- Japan's Nikkei share average fell to a more than one-week low on Tuesday as a stronger yen hit cyclical stocks and sliding support for the current administration added to the gloomy mood. "U.S. yields seemed to have hit the ceiling and the dollar is weakening against the yen, and that's dragging down stocks," said Toru Ibayashi, executive director of...

  • MSCI's broadest index of Asia-Pacific shares outside Japan fluttered between positive and negative territory and last was slightly higher. Republican Senators Jerry Moran and Mike Lee announced their opposition on Monday to U.S. legislation to dismantle and replace the Affordable Care Act, commonly known as Obamacare, leaving it without enough votes to...

  • TOKYO, July 18- Japan's Nikkei share average fell to a more than one-week low on Tuesday morning after cyclical stocks lost ground as a stronger yen hit sentiment, while Toshiba Corp rallied after news a U.S. hedge fund increased its stake in the tech company. "U.S. yields seemed to have hit the ceiling and the dollar is weakening against the yen, and that's dragging...

  • *Monday's solid China growth data continues to underpin sentiment. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent, a day after scaling its loftiest levels since April 2015. Republican Senators Jerry Moran and Mike Lee announced their opposition on Monday to legislation to dismantle and replace the Affordable Care Act,...

  • *Monday's China growth figures continue to underpin sentiment. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, a day after scaling its loftiest levels since April 2015. "It's hard to be bullish on the dollar, both from the monetary side and from the U.S. politics side," said Masafumi Yamamoto, chief currency strategist at Mizuho...

  • **WELLINGTON- Speech by Toby Fiennes, head of prudential supervision at Reserve Bank of New Zealand-' The Reserve Bank, cyber security and the regulatory framework'- 2230 GMT. **LONDON- Bank of England Governor Mark Carney's opening remarks at the unveiling of the new £10 note at Winchester Cathedral 1330 GMT. FRANKFURT- ECB President Mario Draghi holds a press...

  • **WELLINGTON- Speech by Toby Fiennes, head of prudential supervision at Reserve Bank of New Zealand-' The Reserve Bank, cyber security and the regulatory framework'- 2230 GMT. **LONDON- Bank of England Governor Mark Carney's opening remarks at the unveiling of the new £10 note at Winchester Cathedral 1330 GMT. FRANKFURT- ECB President Mario Draghi holds a press...

  • NEW YORK, July 17- BlackRock Inc Chief Executive Larry Fink on Monday said it will be hard for the United States to reach the 3 percent annual growth target set by President Donald Trump. "The world feels very good," Fink told Reuters from Copenhagen, where his company's board is meeting, citing economic performance in Europe, China, Japan and Canada.

  • Richard Fisher: Gary Cohn would do what's best for the country if Fed chair

    Former Dallas Federal Reserve President Richard Fisher discusses how the markets reacted to Fed Chair Janet Yellen's remarks on Capitol Hill as well as the rumors around Gary Cohn possibly taking the chairmanship from Yellen.

  • *BlackRock falls after quarterly results miss estimates. July 17- U.S. stocks opened little changed and held steady at record levels on Monday as investors turned their focus to a busy earnings week from big U.S. companies. First-quarter earnings posted their best performance since 2011, according to Thomson Reuters data.

  • *BlackRock falls after quarterly results miss estimates. July 17- U.S. stocks looked set to open little changed on Monday as investors treaded water ahead of a busy earnings week from big U.S. companies. First-quarter earnings posted their best performance since 2011, according to Thomson Reuters data.

  • Glenn Hubbard: Productivity key to economic growth

    Glenn Hubbard, Columbia Business School, provides insight to the labor market, and how to increase economic growth. Regulations and tax policy are very big factors to growth, says Hubbard.

  • July 17- U.S. stock index futures were little changed on Monday as investors treaded water ahead of a busy earnings week from big U.S. companies. First-quarter earnings posted their best performance since 2011, according to Thomson Reuters data. *Last week, investor sentiment got a boost after Federal Reserve Chair Janet Yellen said future rate hikes could be...

  • LONDON, July 17- Stronger-than-expected Chinese economic growth data and reduced chances of another U.S. rate rise this year lifted emerging stocks to their highest since the end of April 2015 on Monday, tracking gains in developed markets. William Jackson, senior emerging economist at Capital Economics, also highlighted stronger-than-expected Chinese...

  • BUDAPEST, July 17- The Hungarian blue chip stock index reached new all-time highs on Monday as emerging European indices rose, bouyed by cautious U.S. rate policy and Chinese growth. In what was taken as another positive sign for emerging markets in eastern Europe, China's economy grew faster than expected in the second quarter though analysts expect slower...

  • MELBOURNE, July 17- London copper hit its highest since early March on Monday, supported by a weaker dollar and as an upbeat second quarter for China's economy brightened demand prospects for metals. China's economy grew 6.9 percent in the second quarter from a year earlier, faster than expected and in line with the first quarter's growth. The property backdrop...