International Market Morning Update- 16th August 2016 by Ripples Advisory

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In International markets, S&P500 recovered from its low on account of value buying. The Index recently made a low of 2430 and is currently trading at 2463.

German Index Dax yesterday closed at 12189, recently the Index made a low of 11926.

MSCI emerging market Index is trading at 1056 recently the Index made a low of 1045.

Retail sales in the U.S. rose by more than expected in the month of July, according to a report released by the Commerce Department. The report said retail sales climbed by 0.6 percent in July after rising by a revised 0.3 percent in June. Economists had expected sales to increase by 0.4 percent compared to the 0.2 percent drop originally reported for the previous month.

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