Thursday, June 7, 2018

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

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