Friday's News Links

[Yahoo/Bloomberg] Traders Go Risk-Off as Anxiety Over France Deepens: Markets Wrap

[Yahoo/Bloomberg] Yen Edges Lower, Bonds Gain Amid BOJ Policy Uncertainty

[Reuters] French bonds and bank stocks rocked by political turmoil

[Yahoo/Bloomberg] Macron Election Call Sends French Markets to Worst Week in Years

[Reuters] European stocks fall as markets price in French political risk

[Yahoo/Bloomberg] French Left Unveils Plan to Undo Macron Reforms and Defy EU

[Yahoo/Bloomberg] French Finance Chief Warns Left-Wing Win Would Mean EU Exit

[Yahoo/Bloomberg] BOJ to Cut Bond Buying in Normalization Step as Rate Held Steady

[Yahoo/Bloomberg] BOJ’s Lack of Detail on Bond Buying Cuts Leaves Yen Vulnerable

[Yahoo/Bloomberg] JPMorgan Sees Carry Trade Losing Appeal on Rising Volatility

[Yahoo/Bloomberg] Fed Diverges From Global Peers in New Era of Higher for Longer

[Reuters] Morning Bid: Consumer check, but don't forget France and Japan

[Reuters] G7 vows action against 'unfair' China business practices

[Reuters] Lebanon's Hezbollah reveals more of its arms in risky escalation

[Reuters] Rescue underway for crew of Greek-owned vessel hit by Houthis, Philippines says

[Reuters] China new bank loans rise far less than expected in May as demand wobbles

[Yahoo/Bloomberg] Xi Has Few Options to Punish EU Without Starting Trade War

[Yahoo/Bloomberg] Asian Consumer Demand for Gold Seen Staying Strong This Year

[Yahoo/WSJ] The Hottest Investment for Hedge Funds Is Other Hedge Funds

[Reuters] South Korea, US sound alarm over North Korea-Russia ties ahead of Putin visit

[Bloomberg] China Credit Gets a Lift From Bond Sales as Loan Growth Slows

[WSJ] Macron’s Gamble on Stopping Le Pen Now Risks Ushering Her to Power

[WSJ] Russia’s Devastating Attacks on Ukraine’s Grid Spark Fears of Brutal Winter

[FT] Macron’s party at risk of wipeout, say election projections

[FT] China’s support for Russia is ‘long-term threat’ to European security, warns G7

[FT] Bank of Japan to ‘significantly’ scale back bond buying in shift on ultra-loose policy

[FT] Chinese companies rush to tap US convertible bond market

[FT] Mario Draghi says Europe must not be ‘passive’ in face of China import threat

Thursday Evening Links

[Yahoo/Bloomberg] Asian Stocks Set to Fall, Yen Steady Ahead of BOJ: Markets Wrap 

[AP] G7 summit opens with deal to use Russian assets for Ukraine as Italy flexes its right-wing muscles

[AP] Tropical rainstorms in South Florida lead to flight delays and streets jammed with stalled cars

[Yahoo/Bloomberg] France’s Left Unites to Challenge Le Pen, Macron for Power

[Reuters] Russians told to mobilise to inflict 'maximum harm' on West in response to sanctions

[FT] Macron may have bitten off more than he can chew

Thursday Afternoon Links

[Reuters] Nasdaq, S&P 500 post record closing highs for 4th day as tech boosts

[Yahoo/Bloomberg] French Bond Rout Deepens as Spreads Hit Widest Since 2017

[Reuters] Cost of insuring French government debt at 20 month high, as elections spook investors

[Yahoo/Bloomberg] Oil Steadies as US Inflation Cools, Russia Vows to Cut Output

[Reuters] Unrelenting rain puts South Florida at risk of 'life-threatening' flooding

[AP] US submarine pulls into Guantanamo Bay a day after Russian warships arrive in Cuba