News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

One Market Gauge Is Signaling Fed Should Continue to Tighten Policy

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A key measure that tracks stress in U.S. money markets tumbled to near its lowest level in seven years-a sign of loose financial conditions that could prompt the Federal Reserve to maintain its pace of tightening monetary policy.

Stocks Fall as Markets Send Mixed Signals on Economy

Global shares extended losses, while haven asset prices rose and the dollar fell, as investors remained cautious amid conflicting signals on the economy from financial markets.

Oil Prices Wobble as Traders Fear Hit From Qatar Feud, U.S. Shale

Oil prices swung between gains and losses amid a wider financial market decline and investor concerns about increasing oil production in the U.S.

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WSJ's Daily Shot: Is the Risk of Lowflation Back?

Brazil's Central Bank Sees Below-Target Inflation This Year

Brazil's central bank forecast below-target inflation for this year, but said uncertainty regarding the economic scenario is increasing.

U.S., Mexico to Give Update on Sugar Trade Talks

U.S. Commerce Secretary Wilbur Ross will hold a press conference Tuesday with his Mexican counterpart to provide an update on their negotiations over curbing Mexican sugar exports, though the specifics are unclear.

Reserve Bank of Australia Keeps Cash Rate Target at 1.50%

Australia's central bank left interest rates on hold, indicating that it remains satisfied with the progress of the economy despite imminent growth data that is widely expected to show renewed weakness in the first three months of 2017.

Australia Posts 1Q Current Account Deficit

Australia posted a current-account deficit in the first quarter, falling well short of the expectations of some economists for a surplus, the first since 1975.

India Likely to Leave Interest Rates Unchanged

India's central bank will likely leave its key rates unchanged this week and may indicate it is getting more comfortable with inflation levels in Asia's third-largest economy.

Goodfriend's Views on Negative Rates, Quantitative Easing Could Clash With Fed

If he becomes a Federal Reserve governor, Marvin Goodfriend could try to change the central bank's playbook for dealing with downturns.

(END) Dow Jones Newswires

June 06, 2017 09:15 ET (13:15 GMT)