Monday's News Links

[Yahoo/Bloomberg] Stocks Steady as French Stalemate Brings Calm: Markets Wrap

[Yahoo/Bloomberg] French Stocks Rise as Traders See Safety in Political Gridlock

[Reuters] Oil drops 1% as Gaza talks ease supply worries, Hurricane Beryl in focus

[Reuters] Record US summer heat, hurricanes could roil fuel prices as oil refiners sweat

[Reuters] France's hung parliament complicates policymaking, rating firm S&P warns

[Reuters] France faces coalition puzzle after left-wing surge

[AP] France’s elections end up with no clear majority. This is what could happen next

[Yahoo/Bloomberg] Powell to Face Fed Critics in Congress on High Rates, Bank Rules

[AP] The US housing slump deepened this spring. Where does that leave home shoppers and sellers?

[AP] June sizzles to 13th straight monthly heat record. String may end soon, but dangerous heat won’t

[AP] Persistent heat wave in the US shatters new records, causes deaths in the West and grips the East

[AP] Britain’s Treasury chief says stimulating economic growth is the new Labour government’s mission

[Yahoo/Bloomberg] BOJ Flags Spreading Wage Gains, Adding to Case for Rate Hike

[Yahoo/Bloomberg] China’s Central Bank Takes More Control Over Rates by Adding Temporary Repos

[Reuters] China's central bank tweaks liquidity operations amid strong bond demand

[Yahoo/Bloomberg] Bearish Signs Intensify for Chinese Stocks Ahead of Third Plenum

[Reuters] Russian missile attack kills 29, hits children's hospital, Ukraine says

[WSJ] Property Fraud Allegations Snowball as Commercial Real-Estate Values Fall

[WSJ] Japan’s $1.5 Trillion Pension Whale to Trigger Waves in Stocks, Currencies

[FT] What are the options to govern France?

[FT] France heads back to its postwar era of ungovernability

[FT] France and Britain are changing places

[FT] The age of drone warfare is disrupting the defence industry

[FT] Japan and Philippines deepen defence ties in response to China threat