Monday, 24 April 2017

International Market Morning Update: By Ripples Financial Advisory

Last Week in international markets, S&P500 took the support of its recent low of 2118 and rebound from 2322. The Index yesterday closed at 2345. The choppy trading on Wall Street came amid geopolitical uncertainty ahead of the first round of voting in the French presidential election on Sunday. Recent polls have suggested the race is too close to call. German Index Dax continued to trade in a range of 100 points above its breakout level of 12150 and is heading towards its all time high of 12454. Yesterday the Index closed at 12109.

MSCI Emerging market which is a mixed bag of emerging markets Index has given correction of almost 10 points and yesterday closed at 961.78. Recently the Index made a high of 979 and recent low was at 917.

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