Thursday's News Links

[BloombergQ] Stocks Edge Up as Momentum Eases; Treasuries Slip: Markets Wrap

[Reuters] Euro and bond yields extend rally on ECB while risk appetite grows

[CNBC] Trump is likely to face a chilly reception at the G-7 conference

[BloombergQ] Fed on Track to Hike Rates Regardless of Emerging-Market Woe

[BloombergQ] Trump Pressures GOP Allies to Block Restrictions on Tariff Power

[Reuters] China says it does not want U.S. trade frictions to escalate

[CNBC] US hits China's ZTE with $1 billion penalty in deal to end crippling sanctions

[BloombergQ] Turkey Central Bank Is Latest to Surprise With Rate Increase

[Reuters] Turkey's central bank raises rates again, says ready to tighten further

[BloombergQ] Brazil's Opposing Presidential Frontrunners Harden Their Stances

[Reuters] Fear of World War III should stop global disputes, Russia's Putin says

[NYT] Betting on Crisis, Hedge Funds Short Italian Bonds

[WSJ] After Steel and Aluminum Tariffs, U.S. Allies Move to Coordinate Retaliation Efforts

[WSJ] Economic, Political Turbulence Hits Brazil’s Real

[WSJ] Twitter Plans to Sell $1 Billion in Convertible Debt

[FT] Donald Trump, Italy and the threat to Germany

[FT] Political uncertainty drives Brazilian real to 2-year lows

Wednesday Evening Links

[CNBC] Dow surges 300 points to close above 25,000

[Reuters] Trump to stick to hard line on trade as G7 showdown looms

[CNBC] Kudlow: 'Don't blame Trump' for trade conflicts

[Reuters] Italy's Conte wins parliamentary backing, promises tough EU talks

[BloombergQ] Draghi's ECB on Verge of Watershed for Its Bond Purchases

[BloombergQ] ECB's Praet Confirms June Meeting Pivotal as Inflation Picks Up

[Reuters] Exclusive: Mexico election front-runner wants new blood for cenbank - adviser

[CNBC] Short sellers betting against Tesla lose more than $1 billion in single day as stock pops

[WSJ] Battle Lines for House Take Shape

[WSJ] Airlines Raise Ticket Prices as Fuel Costs Surge

[WSJ] Western Cities Want to Slow Flood of Chinese Home Buying. Nothing Works.

[FT] Trade war talk drives down cross-border investment