FOREX NEWS >> International Market Morning Update by Ripples Advisory

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In International market, S&P500 witnessed sell off and has come to its support level of 2430. The index is currently trading at 2433. The weakness was on Report that Gary Cohn is resigning as Trump's economic advisor, however, the White House has denied the claims.

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Cohn was earlier president and chief operating officer of Goldman Sachs (GS), currently, serves as the Director of the National Economic Council. Cohn was very upset with Trump's unusual remarks indicating blame for the clashes between white house supremacists and counter-protesters should be shared by both sides. The Labor Department released a report which came as bigger than expected drop in initial jobless claims in the week ended August 12th.

German Index Dax yesterday closed at 12121, recently the index made a low of 11926.

MSCI emerging market index is trading at 1057 recently the index made a low of 1045.

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