Bonds in emerging and non-US developed markets topped last week’s performance profile for the major asset classes, based on a set of exchange-traded funds. By contrast, broadly defined commodities tumbled, suffering the deepest weekly setback in nearly two months for the trading week through Friday, July 19.

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Hong Kong protests escalate into violent clashes with police: AP
UK Prime Minister May will chair emergency meeting on Iran today: BBC
Are tariffs and rate cuts the only solution to US-China trade war? CNBC
US Commerce Dept reportedly suffering from extreme dysfunction: Politico
British pound sank to 2-year low last week on Brexit fears: NY Times
China’s new tech-stock platform is a hit: WSJ
Goldman: US stock market trading near fair value: Bloomberg
US Consumer Sentiment Index ticks up in July, near 15-year peak: MW