Wednesday Evening Links

[Reuters] Wall St. slips; banks fall with prospect of rate cut, energy drops

[Reuters] Oil slumps 4% on U.S. crude build, slowing demand fears

[Reuters] U.S. government posts $208 billion deficit in May

[CNS] Federal Spending Tops $3 Trillion Through May for First Time; Deficit Hits $738 Billion

[Reuters] Trump says he has no deadline for imposing further tariffs on China

[Reuters] Trump says he has a 'feeling' that U.S., China can strike trade deal

[Reuters] Trump considering sanctions over Russia's Nord Stream 2 natgas pipeline

[CNBC] The trade war is taking a big bite out of profits for Wall Street’s biggest names

[Reuters] Japan's Abe warns of armed conflict amid soaring U.S.-Iran tension

[Bloomberg] U.S. Budget Gap Balloons to $739 Billion With Four Months to Go

[WSJ] Hong Kong Protests Turn Violent in Standoff Over China’s Control

[WSJ] Sound and Fury Over Fannie Mae and Freddie Mac

[WSJ] Fix Mortgage Finance, Or We’ll Do It For You, Regulator Tells Congress

[WSJ] Falling Mortgage Rates Spur Application Frenzy

[FT] US-China trade war risks global technology split