Tuesday's News Links

[Bloomberg] Global Stocks Climb Amid Earnings as Yen Weakens: Markets Wrap

[Reuters] Budget deal may map U.S. Congress road ahead, via Trump bypass

[Bloomberg] Euro-Area Manufacturing Expands at Fastest Pace in Six Years

[Reuters] China April factory growth slows to weakest in seven months: Caixin PMI

[Bloomberg] China’s $11 Trillion Economy and Markets Are in a Tug of War

[Bloomberg] Italy Is Europe's Next Big Problem

[Bloomberg] Alitalia Starts Bankruptcy Proceedings After Turnaround Fails

[Bloomberg] Hedge Funds Pile in to Long Bets on Bonds Just as Dangers Build

[WSJ] Canadian Lender Draws on Emergency Line as Deposits Flow Out

[Reuters] ECB should talk in June about 2018, eventual QE exit: Nowotny

[WSJ] Donald Trump Gambles on Big Health-Care Victory

[WSJ] Trump Preparing to Replace Top Banking Regulator

[WSJ] Wall Street Fear Gauge VIX Sinks to Decade Low

[NYT] Will Trump ‘Do a Big Number’ on the Big Banks?

[FT] US share buyback plan approvals plunge

[FT] Bank of Japan splashes big on ETFs

[Reuters] North Korea says U.S. bomber flights push peninsula to brink of nuclear war

Monday Evening Links

[Bloomberg] U.S. Stocks Rise on Earnings as Treasuries Slump: Markets Wrap

[Bloomberg] Trump Weighs Breaking Up Wall Street Banks, Raising U.S. Gas Tax

[Bloomberg] China's Markets and Economy Are Going in Different Directions

[WSJ] China’s Credit Slowdown Poses a Threat to Global Growth

[WSJ] Global Deal Making Falls to Slowest Pace in 20 Years