Thursday's News Links

[Reuters] Global stocks and sterling bounce after Brexit bashing

[Bloomberg] Yen Gains on Haven Bid as Brexit Hits More U.K. Property Funds

[Bloomberg] A Look Inside the Complex Web of UK Property Funds

[Bloomberg] Monte Paschi Bonds Drop as Italy-Europe Talks Halt in Deadlock

[Reuters] Italy's bad loan woes tiny compared to Europe's derivative problem -Renzi

[Bloomberg] Fitch Says Brexit to Pile Pressure on Europe Government Ratings

[Bloomberg] Populist Politicians Take On Italy’s Massive Debt Pile

[Reuters] China's innovation economy a real estate bubble in disguise?

[Reuters] China banks' NPLs exceed $299 billion at end May, NPL ratio tops 2 pct-regulator

[Reuters] China's June forex reserves unexpectedly rise to $3.21 trillion

[NYT] Italy’s Plan for Banks Could Roil Europe

[FT] S&P sounds alarm on hedge fund reinsurers

[FT] Sovereign downgrades hit new record

[WSJ] Central Banks Put Squeeze on Sovereign-Debt Market

[Reuters] Beijing warns U.S. on sovereignty ahead of South China Sea ruling

[NYT] Decision, Maybe Momentous, Nears in Case China Has Tried to Ignore

Wednesday Evening Links

[Bloomberg] Yen Gains on Haven Bid as Brexit Hits More U.K. Property Funds

[Bloomberg] Brexit Trauma Stalks EU as Leaders Brace for More Shocks to Come

[Bloomberg] Aberdeen Cuts Property Fund’s Value by 17%, Suspends Redemptions

[Bloomberg] Fed Officials Held Rates in June on Uncertain Job Market

[Bloomberg] Henderson Global Investors suspends 3.9 bln stg UK property funds

[Reuters] Columbia Threadneedle suspends dealing in UK property funds

[Bloomberg] The 30-Year U.S. Treasury Hit a Milestone It Hasn't Seen Since the Financial Crisis

[Bloomberg] U.K. Property Fund Suspensions Send a Warning to the Junk Bond World

[Bloomberg] Deal-Hungry Chinese Buyers Hit a Wall After Record Spree

[WSJ] The Big-Bank Bloodbath: Losses Near Half a Trillion Dollars

[Bloomberg] Inside the Fed’s June Minutes: The Annotated Meeting

[Reuters] DoubleLine's Gundlach: Gold remains best investment in 'shaky' world

[FT] Renzi rocked as Five Star surges in polls

[Bloomberg] Putin’s Military Buildup in the Baltic Stokes Invasion Fears

Wednesday's News Links

[Bloomberg] Stocks Slide With Pound Amid Renewed Worries Over Global Growth

[Reuters] European shares pulled lower by banks hurting from Brexit decision

[Reuters] Gold races to 28-month high, oil pressured as Brexit fears return

[Bloomberg] Yuan in Longest Losing Streak Since February as Forecasts Cut

[Bloomberg] China Shares in Hong Kong Slide Due to Renewed Brexit Concerns

[Bloomberg] Italian Bonds Brace For What Could be the Next Big European Risk

[Reuters] Financial, political instability in Italy threatens fresh chaos for Europe

[Reuters] Italian banking crisis precedes Brexit, EU's Dombrovskis says

[Bloomberg] Italy Could Spark European Bank Crisis, SocGen Chairman Says

[Bloomberg] Trade Deficit in U.S. Widened in May by Most Since August 2015

[Bloomberg] Asia’s Largest Investors in London Property Include HKMA, Vanke

[WSJ] Larger Than Life: China’s Risky Unlisted Insurers

[Reuters] Italy's 5-Star overtakes Renzi's Democrats in popularity stakes: polls

[Bloomberg] Vanguard Attracts Record New Money as Investors Flock to Passive