China: Trade War Has Not ‘Made America Great Again’ – Bloomberg

The U.S. bears the full responsibility for the collapse of trade talks, according to China’s government, adding that any further discussions need to be based on sincerity, mutual respect and equality.
— Read on www.bloomberg.com/news/articles/2019-06-02/china-says-it-doesn-t-want-u-s-trade-war-but-won-t-shy-from-one

Canada’s Yield Curve Inverts Most in 12 Years on Trump Tariffs – Bloomberg

The yield curve on Canadian government bonds inverted the most since early 2007 as investors flocked to bonds on concern that Donald Trump’s surprise threat to impose tariffs on Mexican imports could derail the revised North American Free Trade Agreement.
— Read on www.bloomberg.com/news/articles/2019-05-31/canada-s-yield-curve-inverts-most-in-12-years-on-trump-tariffs

Visco Says Italy’s Debt Load Is ‘Severe Constraint’ on Economy

Italy urgently needs a “credible” strategy to cut a public debt load that risks imposing a “severe constraint” on the economy, European Central Bank Governing Council member Ignazio Visco said. The ratio of debt to economic output may exceed the levels targeted by the government in its latest plan,
— Read on ca.finance.yahoo.com/news/visco-says-italy-debt-load-083350758.html

Bitcoin emerges as the big winner this month in the financial markets, soaring nearly 60%

Bitcoin is closing out the month near $9,000 — a more than 68% rally from May 1.
— Read on www.cnbc.com/2019/05/30/bitcoin-emerges-as-the-big-winner-this-month-in-the-financial-markets-soaring-nearly-70percent.html

Here’s why China’s trade war threat to restrict rare earth minerals is so serious

About 35% of global reserves are in China, the most in the world, and the country is a mining machine, producing 70% of total rare earths in 2018.
— Read on www.cnbc.com/2019/05/30/heres-why-chinas-trade-war-threat-to-restrict-rare-earth-minerals-is-so-serious.html