ADP, Weekly Claims, & Europe, Equal Market Volatility

Best Guide ADP, Weekly Claims, & Europe, Equal Market Volatility Once again, the major stock indexes around the world continue to trade inverse to the US Dollar Index. As long as the dollar declines the major stock markets will usually inflate and trade higher. This morning, the US Dollar Index futures (DX-M2) are trading slightly lower and this is causing the S&P 500 e-mini futures (ES-M2) to squeak out a small positive gain ahead of the opening bell. The problems in the European Union are not going to disappear anytime soon. Traders should now be prepared for excessive volatility for the foreseeable future. Today, the European markets are trading basically flat on the session. Some equities that could be volatile today include the CurrencyShares Euro Trust (NYSEARCA:FXE), iShares MSCI Spain Index (ETF) (NYSEARCA:EWP), Banco Santander, SA (ADR)(NYSE:STD), and National Bank of Greece (ADR) (NYSE:NBG).

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