International Markets Update

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• The Dow Jones Industrial Average and the S&P 500 closed at a record high of 14,578.54 and 1569.19 on March 28th, respectively; above their .....

Executive Summary

• The Dow Jones Industrial Average and the S&P 500 closed at a record high of 14,578.54 and 1569.19 on March 28th, respectively; above their previous highs in October 2007.


• Job growth surged last month as automakers, builders and retailers pushed the unemployment rate to a four-year low, defying concerns that budget battles in Washington would harm the economic expansion.


• The biggest news for March was set in Cyprus where a new precedence is taking place.


• Japan was seen returning to growth in the last quarter of 2012 recent data showed, GDP rose at an annualized 0.2%.


• According to HSBC’s Index covering the 16 leading developing nations, including the BRICs, Emerging Markets grew at a slower pace in February than the previous month

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International Markets Update

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