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International Market Morning Update: Ripples Free Stock Tips
In the international market, S&P500 is trading at 2339. The index is showing weakness from last few days on geopolitical issues. If S&P500 gives a breakout of 2318 we might see a further downfall in the international market. Federal interest rate decision is scheduled on 3rd may and as per expectations, it may further raise interest rates by 25 basis points. The early indication is given b 3month treasury which is trading at 84 points if it further goes above we might see sell-off in the market.
German Index Dax yesterday closed at 12154. The index recently made a high of 12257.
MSCI Emerging market index is trading at 961.50, recently the index made a high of979.