Friday's News Links

[Yahoo/Bloomberg] Stocks Gain as Focus Turns From Debate to Data: Markets Wrap

[Yahoo/Bloomberg] Oil Hits Two-Month High as Mideast Tensions Rattle Market

[Reuters] Euro on track for biggest monthly fall since January, dollar breaks 161 yen

[Reuters] Gold eyes quarterly gain; spotlight on US inflation data

[Reuters] Morning Bid: Parsing Biden TV flop, France poll, PCE time

[CNBC] Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected

[Yahoo/Bloomberg] Le Pen’s Far Right Solidifies Its Lead Before French Vote

[Reuters] France's far-right National Rally seen winning 37% of vote in first election round

[Reuters] France's Le Pen expects clear far-right win and power over Macron

[Yahoo/Bloomberg] Israel and Hezbollah Lurch Closer to War

[Yahoo Finance] AI and heat waves pose dual threats to the power grid: Morning Brief

[Yahoo/Bloomberg] Tokyo Inflation Quickens, Output Gains Keeping BOJ on Hike Path

[Reuters] China urges U.S. to stop supporting the Philippines' 'provocations'

[Reuters] Philippines, Japan foreign and defence ministers to meet July 8 in Manila

[Bloomberg] Macron’s Approval Plunges Just Two Days Ahead of French Election

[NYT] Wall Street Seems Calm. A Closer Look Shows Something Else.

[WSJ] Macron Runs France Like a CEO. His Customers Aren’t Happy.

[WSJ] America’s Frozen Housing Market Is Warping the Economy

[WSJ] It’s the Busiest Air-Travel Day Ever. That’s Happening a Lot Lately.

[FT] The dazzling rise and fall of Macronism

[FT] IMF warns US must ‘urgently’ address debt burden

[FT] Defaults on leveraged loans soar as BoE warns on private equity’s ‘challenges’

[FT] Wall Street’s last remaining bears struggle to convince optimistic clients