Friday's News Links

[BloombergQ] Stocks Drop, Bonds Mixed as Emerging Assets Suffer: Markets Wrap

[Reuters] Trump vows to 'straighten out' G7 trade ahead of tense meeting

[Reuters] Germany urges European unity in face of trade tensions with U.S.

[BloombergQ] Brazil's Central Bank President Defends Policies Amid Rout

[BloombergQ] Brazil Joins Turkey With Stepped-Up Currency Defenses Amid Rout

[Reuters] G7 leaders set to clash with combative Trump over tariffs, trade

[BloombergQ] World's Big-Three Central Banks to Meet With Different Agendas

[BloombergQ] Bernanke Says U.S. Economy Faces `Wile E. Coyote' Moment in 2020

[BloombergQ] China's $11 Trillion Bond Market Tested by Rising Defaults

[Reuters] China May exports rise 12.6 percent, imports up 26 percent

[Reuters] Brazil May inflation ticks up more than expected

[BloombergQ] Deutsche Bank Chair Talks Commerzbank Deal to Snap Doom Loop

[BloombergQ] Bond Bears Pummeled by Three Minutes of Frenzied Futures Trading

[Reuters] Chinese paper slams U.S. stance on Taiwan, says should prepare for 'crisis'

[Reuters] China's Xi awards 'best friend' Putin friendship medal, promises support

[WSJ] Brazil Selloff Feeds Global Emerging-Markets Retreat

[WSJ] ‘Get Moving’: How Trump Ratcheted Up the Trade Battle With China

[FT] Risk segregation and market fragility in the eurozone

Thursday Evening Links

[Reuters] Tech rally loses steam, McDonald's pushes Dow higher

[CNBC] Trump spars with Trudeau, Macron on trade ahead of G7 summit

[CNBC] Japanese Prime Minister Shinzo Abe faces pressure to join trade war against the US

[Reuters] Brazil real plummets despite central bank intervention

[AFP] Trump trade war threat sets up G7 summit clash

[CNBC] US homeowners gained $1 trillion in the last year as their housing values jumped

[CNBC/NYT] Betting on crisis, hedge funds short Italian bonds

[MarketWatch] ‘Something lurking out there’ will upset the stock market, says Blackstone’s Wien

[WSJ] Brazil Selloff Feeds Global Emerging-Markets Retreat

[WSJ] Lawmakers Take Aim at Chinese Tech Firms

[FT] Default reignites questions over China group’s state backing