Wednesday's News Links

[Reuters] Shares snap seven-day hot streak

[CNN] Hong Kong stocks fall as huge protests hit financial center

[Reuters] Oil falls over 2% on weaker demand growth, gain in U.S. crude stocks

[Reuters] Dollar hovers near 11-week low on Fed rate cut bets

[Reuters] U.S. consumer prices barely rise in May

[Reuters] Expectations low for Trump-Xi talks, preparations limited

[SCMP] US accused of undermining trade talks by demanding ‘hundreds’ of changes to Chinese law

[Reuters] U.S. mortgage applications jump to highest since September 2016: MBA

[Reuters] China's factory inflation slows as production eases but food prices surge

[CNBC] China’s loans to other countries are causing ‘hidden’ debt. That may be a problem

[CNBC] Police threaten ‘force’ as Hong Kong protesters besiege legislature

[CNN] Hong Kong police declare China extradition protest 'a riot' as rubber bullets and tear gas fired at crowd

[Reuters] Hong Kong police fire rubber bullets as extradition bill protests turn to chaos

[AP] Businesses showing discontent with Trump’s trade policies

[NYT] As Trade War With U.S. Grinds On, Chinese Tourists Stay Away

[Bloomberg] Hong Kong Markets Roiled by Interbank Rate Squeeze Amid Protests

[Bloomberg] Tour of China Shows a Nation Girding for Protracted Trade War

[Bloomberg] Bond Markets Are ‘Almost Taunting the Fed’ With Global Rate-Cut Bets

[Bloomberg] China Sends Warning Signal to Yuan Bears Before G-20 Meeting

[Bloomberg] Hong Kong’s Moment of Reckoning

[WSJ] China’s Small Banks Run Into More Trouble

[WSJ] The Fed Needs To Be the Adult in the Economy

[FT] Car sales plunge in China ahead of emissions rules

[FT] For a fistful of mini-BOTs, Italy risks falling into an old trap

[FT] The great emerging-market growth story is unravelling

[FT] Germany sells 10-year Bunds at lowest yield on record

[FT] A robot named Gekko: ‘quant’ funds home in on the bond market

Tuesday Evening Links

[Reuters] Wall Street treads water after recent rally

[Reuters] Trump defends tariff strategy as China says it's 'not afraid of a trade war'

[CNN] Martin Feldstein, one of the most influential economists of his generation, has died

[Reuters] New UK PM will not change Brexit deal: EU's Juncker

[Reuters] World must not 'sleepwalk' into war, Macron says in speech on reforming capitalism

[Reuters] Thousands rally as Hong Kong readies for mass strikes over extradition bill

[Bloomberg] Trump Says He's Holding Up Trade Deal With China Ahead of G-20

[NYT] Risky Borrowing Is Making a Comeback, but Banks Are on the Sideline

[WSJ] Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

[WSJ] Bolton Says U.S. Is Expanding Offensive Cyber Operations

[FT] Key currency test looms for unshockable markets