Friday, 19 May 2017

International Market Morning Update by Ripples Advisory

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International markets witnessed sell off where S&P500 made a low of 2355 from its day high of 2396 and is currently trading at 2363. The Index recently touched its all-time high of 2401. A report has revealed that Trump had asked former FBI Director James Comey to end an investigation of former National Security Adviser Michael Flynn. 

The situation became worse after Trump fired James Comey and revealed highly classified information to Russian officials. All these has created a national security threat to the US. The sell-off came after investors raised questions on Trump's decision to fire the FBI Director and the subsequent revelation.

German Index Dax has also shown sell off. Yesterday, the Index fell almost 127 points and closed at 12631. Recently the Index made a high of 12841.

MSCI Emerging market Index is trading at 1003, recently the Index made high of 1011.

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