International Market Morning Update

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Yesterday in international market S&P500 gave a lackluster movement and closed at 2368. The index is currently trading at 2363, recently the index made a low of 2318 and recent high was at 2401. Commerce Department report showed real GDP climbed by 2.1 percent in the fourth quarter compared to the previously reported 1.9 percent increase Where analyst expected 2 percentage increase.

German Index Dax yesterday closed at 12256 above its breakout level of 12150. The index is heading towards its all time high of 12454.

MSCI Emerging market index is trading in a narrow range of 10 points from 964 to 974 and yesterday closed at 967. The index recently made a high of 979 and low of 918.

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