Tuesday's News Links

[Reuters] Trade stress, Iran tensions hits stocks, dollar frets on Fed doves

[Reuters] Dollar weighed by Fed prospects; Swiss franc, gold shine on geopolitics

[Bloomberg] Gold Jumps to Highest in Almost 6 Years Fueled by Rising Risks

[CNBC] U.S. new home sales drop for second straight month

[CNBC] Consumer confidence drops more than expected, reaching its lowest point in nearly two years

[CNBC] Home price gains shrink slightly in April, but some cities are heating up again: S&P Case-Shiller

[Reuters] Trump 'comfortable with any outcome' from pivotal Xi talks: official

[Reuters] China, U.S. trade officials talk ahead of Trump-Xi meeting

[AP] China criticizes possible US penalties against banks

[AP] China hoping Trump-Xi meeting will help bridge differences

[Reuters] Trump privately talks about ending Japan defense treaty: Bloomberg

[Reuters] Iran says U.S. sanctions on Khamenei mean end of diplomacy

[Bloomberg] U.S. Plays Down Expectations for Trump-Xi Meeting With Hard Line

[Bloomberg] A Dark Alley in China's Credit Market Suddenly Getting Rough

[Bloomberg] Pain From Trump's China Tariffs Spreads, Reshaping Global Trade

[Bloomberg] Japan Says Safety of Ships in Hormuz Is a Matter of ‘Life and Death’

[Bloomberg] 100-Year Bond Yielding Just Over 1% Shows Investors' Desperation

[WSJ] Global Telecom Carriers Attacked by Suspected Chinese Hackers

[FT] Public default at Chinese trust company highlights cracks in market

[FT] Markets ‘bullying’ Federal Reserve on interest rate cuts

[FT] Tale of 2 markets: riskiest bonds hit by trade worries

[FT] Havens shine on global markets as investors wait for trade talks

[FT] Why China fell out of love with New York property

Monday Evening Links

[Reuters] S&P 500 slips as healthcare drags, investors eye G20 summit

[CNBC] Fed’s Kaplan says it’s ‘too early’ to decide if interest rates need to be cut

[Reuters] U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades

[Reuters] Trump signs executive order slapping ‘hard-hitting’ sanctions on Iran over drone shootdown

[Reuters] U.S. business borrowing for equipment rises 18% in May: ELFA

[Reuters] Russian air force plane lands in Venezuela: witness, website

[Bloomberg] Fed's Kaplan Says He's ‘Concerned’ a Rate Cut May Fuel Imbalances

[Bloomberg] A Third Fed Factory Gauge Unexpectedly Weakens as Outlook Dims

[NYT] The Economy Is About to Hit a Record. Trump Says the Fed ‘Blew It’

[WSJ] Tweets, Trade and the Fed Now Have Markets Moving in Packs

[WSJ] A Leader of America’s Fracking Boom Has Second Thoughts

[WSJ] Investors Play Offense With Defense-Focused Stocks

[FT] US ‘junk’ groups rush to sell bonds as borrowing costs fall

[FT] Turkey senses growing national challenge to Erdogan