Wednesday's News Links

[Yahoo/Bloomberg] Global Stocks on Edge as Nvidia Countdown Underway: Markets Wrap

[Yahoo/Bloomberg] Oil Steadies After Technical Drop as US Stockpiles Seen Falling

[Yahoo Finance] Why gold is outperforming nearly everything so far this year

[CNBC] Weekly mortgage demand stalls, even though rates drop to lowest since April 2023

[Reuters] US 30-year mortgage rate falls to lowest since April 2023

[Reuters] BOJ's Himino reiterates readiness to raise rates if economy on track

[Yahoo/Bloomberg] BOJ Deputy Governor Sees Rate Hike Justified If Outlook Realized

[Reuters] AI's race for US energy butts up against bitcoin mining

[Yahoo/Bloomberg] Political Deadlock Revives French Stock Risks After Olympic Calm

[Yahoo/Bloomberg] Red Sea Oil Disaster Risk as US Says Houthi-Hit Tanker Leaks

[Bloomberg] China’s Economic Malaise Stirs Rising Protests on Labor, Housing

[AP] What’s at stake as 2 Hong Kong journalists await a verdict in their sedition trial?

[NYT] Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World

[WSJ] A Time Bomb Is Threatening Economies Across Asia

[FT] China bond bulls warned over bumper debt supply

[FT] China’s debt divide is hurting its economy

[FT] Learning to live with 50C temperatures

Tuesday Evening Links

[Reuters] Wall Street ends up as investors focus on Nvidia results

[Politico] UN fears nuclear incident possible at Russia’s ‘vulnerable’ Kursk plant after drone strikes

[NYT] What Across-the-Board Tariffs Could Mean for the Global Economy

[WSJ] Ukraine Deploys F-16s Against Russian Barrage but Says It Needs More

[FT] Pentagon warns Red Sea tanker risks ‘environmental catastrophe’

Tuesday Afternoon Links

[Reuters] Wall St muted in choppy trading ahead of Nvidia results, economic data 

[Yahoo/Bloomberg] Mexican Peso Sinks as Judicial Overhaul Clears First Hurdle

[Yahoo/Bloomberg] Oil Falls in Technical Correction From Rally on Libya Disruption

[Reuters] Nvidia results could spur record $300 billion swing in shares, options show

[Reuters] US consumer confidence climbs to six-month high; labor market angst rises

[AP] High rents are forcing small businesses into tough choices like raising prices or changing location

[Reuters] Ukraine's Zelenskiy to present plan to Biden to end war with Russia

[AP] France’s leftist coalition fumes over Macron’s rejection of its candidate to become prime minister

[Reuters] Russia warns the United States of the risks of World War Three

[Bloomberg] Why Libya Has Two Governments, Competing Over Control of Oil

[FT] Brace yourself for an ‘avalanche’ of dollar selling?