May 31 (Thursday)

Markets
Italian assets rally as political concerns recede (FT)
Italy’s a Blip in Global Equity Markets When Put in Perspective (B)
Italy’s Astonishing Bond Reaction Tests Global Markets (W)
Stronger dollar poses challenge for US blue-chips (FT)

Central banks
Federal Reserve Seeks to Loosen Volcker Rule for Banks (W)
Fed’s Beige Book Finds Manufacturing Shifting Into Higher Gear (W)

US
Corporate Profits Boosted in Early 2018 by Tax Cuts (W)

Europe
Most Vulnerable to Italy’s Troubles? Europe’s Banks (W)
Italy’s President Searches for Solution to Political Impasse (W)
Italy populists rekindle talks to form government (FT)

Japan
Japan’s Industrial Production Rises Less Than Expected in April (B)

China
China’s Role as Creditor to the World is Fading (B)

US politics
GOP Lawmaker Disputes Trump Claim of Campaign ‘Spies’ (W)

Geopolitics & trade
U.S. Is Planning to Hit EU With Steel, Aluminum Tariffs (W)
Wilbur Ross rebuffs EU demands for tariff exemptions (FT)
U.S. Tariff Threat Could Scuttle Trade Talks With China (W)
U.S. Toughens Visa Process for Chinese Nationals (W)

Technology
Consumer Reports Thought a Tesla Took Too Long to Stop. The Company Fixed It Via a Software Update. (W)

Offbeat
‘I’m Sorry’ Gets More Expensive for Wells, Uber and Facebook (W)