Monday's News Links

[Yahoo/Bloomberg] European Stocks Steady as Traders Assess Rate Path: Markets Wrap

[Yahoo/Bloomberg] Oil Holds Steady With OPEC+ Supply, US Demand in Focus

[AP] Latest deadly weather in US kills at least 20 as storms carve path of ruin across multiple states

[Yahoo/Bloomberg] Options Volatility Is Getting Crushed With Little Relief Ahead

[Yahoo/Bloomberg] China Ramps Up Stimulus With $109 Billion Local Government Bond Sales So Far in May

[Reuters] China sets up $47.5 bln state fund to boost semiconductor industry

[Reuters] China's property stimulus raises risks for banks in smaller cities, S&P Global says

[Reuters] 'Asset famine' in China curbs central bank's bond trading ambitions

[Reuters] Ueda says Bank of Japan will proceed cautiously with inflation targeting frameworks

[Reuters] ECB has significant room for rate cuts - Villeroy

[Yahoo/Bloomberg] German Business Outlook Improves as Economic Momentum Builds

[Reuters] US lawmaker tells Taiwan weapons are coming, China drills show deterrence need

[NYT] How China Pulled So Far Ahead on Industrial Policy

[WSJ] AI Is Driving ‘the Next Industrial Revolution.’ Wall Street Is Cashing In.

[WSJ] In Israel’s North, Some Displaced Residents Call for Step Up in Fight Against Hezbollah

[WSJ] End of Japan’s Battle Against Deflation in Sight, BOJ Deputy Gov. Says

[WSJ] China Courts U.S.’s Top Asian Allies on Trade, but Will It Succeed?

[FT] Taiwan president calls on US lawmakers for help to strengthen defences

[FT] ECB is ready to start cutting interest rates, says chief economist

[FT] China raises $47bn for chip industry in drive for self-sufficiency

[FT] The ‘meh’ 2024 short squeeze