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The employment picture comes into focus out of America on Wednesday as we get the ADP Non-farm Employment Change numbers. That being the case, we get an idea of what we could be getting ready to see on Friday, which of course will move the markets in general. Because of this, the better the number, the better the stock markets in the United States should react.

On top of that, we also have the ISM Non-manufacturing PMI numbers coming out, which of course will also give a boost to the stock market if we are receiving decent numbers.

WTI Crude Oil continues to look soft, and any rally at this point in time will more than likely invite put buying. A high inventory number will also send the put buyers into the marketplace. Expect volatility, but at the end of the day there is a massive weight around the neck of this market.

European stock markets look a bit soft, led by Germany. With that, we believe that put buyers will be involved in the marketplace during the day as far as stocks are concerned in the European Union. With this being the case, looks as if the United States is still the favored place to invest via currency and of course stock markets themselves.