News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Tech Gains Lead Asian Shares Higher

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Asian stocks rose, following overseas gains overnight and with the hot tech sector, in particular Tencent, driving the region's equities.

Draghi Warns Brexit Could Put Financial Stability at Risk

Britain's departure from the European Union poses significant risks to the region's financial stability that regulators can't yet quantify, European Central Bank President Mario Draghi warned.

Commodity Bulls Ignoring a Few Large Elephants

Rising prices for growth-sensitive commodities have been one factor assuaging investors' fears about richly valued stocks. But investors have been ignoring warning signs in metal and energy markets too.

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BOE's Ramsden Says Weak Wage Growth Kept Him From Backing Rate Rise

The Bank of England's David Ramsden said he voted against the U.K. central bank's interest-rate increase this month because of weak wage growth.

RBA Frets Over Low Wage Growth In Other Economies

Australia's central bank is nervously watching labor markets in other major economies, noting scant wage pressures even as full employment has been reached.

Yellen to Leave Fed Board When New Chief Takes Over

Federal Reserve Chairwoman Janet Yellen said she would resign as a member of the Fed's board of governors once her successor as chairman has been sworn in.

U.S. Treasury Sanctions 'Large-Scale' Iran Counterfeiting Ring

The Trump administration has imposed sanctions on what the Treasury Department describes as a "large-scale" Iranian counterfeiting ring that it says is run by the Islamic Revolutionary Guard Corps and potentially worth hundreds of millions of dollars.

Germany's Political Impasse Will Stymie Further European Change

The prospects for overhauling the European Union and its currency, the euro, have hit further trouble as Germany grapples with newfound political instability and its leaders brace for potential early elections.

Venezuela Turns to Billionaire Debt Investor to Help With Bond Crisis

Billionaire distressed debt investor David Martínez urged Venezuela's struggling government to default on its bonds days before the country's surprise announcement to restructure its obligations.

Nigeria Set for $3 Billion Bond Sale as Pricing Suggests Favorable Demand

Nigeria was set to sell $3 billion in debt on Monday, one of the largest bonds from an African nation and an indication that demand for some riskier investments remains strong.

(END) Dow Jones Newswires

November 21, 2017 03:15 ET (08:15 GMT)