Friday’s links

  1. Why America’s economic policy muddle matters – Adam Tooze in FT
  2. US Labor Market Sends Mixed Signals, Giving Fed Reason to Pause – Bloomberg
  3. UAE’s Record Gold Purchase from Russia could mean de-dollarization – TFI Global
  4. In desperate bid for cash, the Treasury is auctioning one-day bills – CNN
  5. Chinese Yuan could finally become a fierce competitor for the US dollar – Fortune
  6. BRICS ministers call for rebalancing of global order away from West – BBC
  7. Why private capital flows in the EU remain sluggish – FT Opinion
  8. US Labor Market Shows Resilience With Strong May Hiring – WSJ