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Tuesday, June 18, 2024

Wednesday's News Links

[Yahoo/Bloomberg] European Stocks Struggle to Build on US Tech Rally: Markets Wrap

[Reuters] Oil steady amid US stock build but jitters abound

[Reuters] Israel and Lebanon escalate rhetoric as US tries to prevent war

[Reuters] US Mortgage Rates Drop Below 7% for First Time Since March

[Yahoo/Bloomberg] New England Power Grid Declares Emergency as Heat Wave Hits

[Yahoo Finance] Home prices begin to come down in pandemic boomtowns like Austin, Tampa

[Yahoo/Bloomberg] France and Italy Get EU Deficit Scolding as Markets Watch

[Yahoo/Bloomberg] Bargain Hunters Are Nowhere to Be Seen in French Bond Market

[Yahoo/Bloomberg] BOJ’s Minutes Show Debate on Rate Hikes With Close Eyes on Yen

[Yahoo/Bloomberg] Japan Bank to Overhaul Investments as Wrong-Way Rate Bets Trigger Bond Losses

[Yahoo/Bloomberg] PBOC’s New Tools May Spur Big Shift in How it Manages Money

[Yahoo/Bloomberg] China Should Use Quantitative Easing If Needed: Ex-PBOC Adviser

[Yahoo/Bloomberg] BOE Rate-Cut Bets in August Fade as Services Inflation Runs High

[Reuters] Strikes loom as 200,000 German bank staff fight for hefty pay rise

[Reuters] Putin and Kim sign mutual defence pact 

[Reuters] Taiwan president says only military strength can keep the peace with China

[Bloomberg] Kim Vows to Back Putin ‘Unconditionally’ on War in Ukraine

[NYT] Israel and Hezbollah Play a Risky Tit-for-Tat, Leaving Region on Edge

[WSJ] Israel and Hezbollah Inch Toward Wider War

[WSJ] EU Recommends Disciplinary Action Against France for Excessive Deficit

[WSJ] Nvidia’s Ascent to Most Valuable Company Has Echoes of Dot-Com Boom

[FT] What would a far-right or leftwing government mean for France’s economy?

[FT] China’s central bank chief warns of weaker credit growth as property lending declines

[NYT] U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years

[FT] Why Americans are not buying more EVs