Wednesday's News Links

[Reuters] World stocks capped by trade war concerns, central banks

[Reuters] U.S. producer prices rise more than expected in May

[CNBC] The Fed is hiking rates Wednesday, but here's what else you need to know

[BloombergQ] Fed's Rate-Hike Path Should Remain a Close Call

[BloombergQ] Gundlach Says Rising Rates and Deficits Like `Suicide Mission'

[BloombergQ] China’s Master Plan: How the West Can Fight Back

[BloombergQ] The Fed's Shadow Looms over Turkey's Strongman

[Politico] Trump could slap China with tariffs as soon as Friday

[Reuters] Arab states launch biggest assault of Yemen war with attack on main port

[WSJ] China Goes Cold Turkey on Shadow Banks

[WSJ] LBO Volume Surges as KKR, Others Put $1 Trillion Cash Pile to Work

[FT] ECB on course to begin QE exit plan despite headwinds

[FT] Market tension pushes Italian borrowing costs to 4-year high

[FT] Turkish lira leads emerging market currency retreat

Tuesday Evening Links

[Reuters] S&P 500, Nasdaq end higher; investors turn focus to Fed

[Reuters] U.S. government posts $147 billion deficit in May

[BloombergQ] U.S. Inflation Accelerates to Six-Year High, Eroding Wages

[BloombergQ] Powell's Fed Could Clear Up Mysteries Puzzling Investors

[BloombergQ] U.S. Posts Biggest Monthly Budget Deficit in May Since 2009

[Reuters] AT&T wins court approval to buy Time Warner over Trump opposition

[BloombergQ] Emerging Markets Can't Blame the Fed for Their Problems

[BloombergQ] Fannie and Freddie Should Hold Billions in Capital, FHFA Says

[Reuters] Argentina biggest labor group calls strike, raising pressure on Macri

[WSJ] Powell Weighs Taking Questions After Every Fed Meeting

[WSJ] U.S. Budget Deficit Widens 23% October Through May on Weak Revenue Growth

[FT] China’s Achilles heel lies with property companies

[FT] China’s current account at risk of deficit on trade shock