European markets declined today as Greece came back in the spotlight. Declines came ahead of meeting between Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel in Berlin to discuss Greece’s debt problems. In addition, Draghi was also in focus as he spoke in Brussels. Draghi commented on Greece and stated that the country should benefit from the quantitative easing program and should get normal access to bank funds. The Euro, however, did not react strongly and is trading around $1.0934.

U.S stocks declined on Friday following two dovish speeches from FOMC members Lockhart and Evans. Today, stocks are edging higher as traders react to weaker than expected Home Sales data which came out at 4.88 million and showed a monthly increase of just 1.2%. The data is bullish for stocks as it adds to the argument for a later interest rate hike.  A June Interest rate hike remained in focus, however, as St. Louis Federal Reserve President, James Bullard, told CNBC Monday that the dovish statement from last week may have misplaced investor expectations about the first hike. Fed Vice, Stanley Fisher, will be speaking at 4.20PM (GMT). San Francisco Fed President, John Williams, will also speak in Sydney, Australia.

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

1. Blue Monday

Markets are having a case of the Monday Blues. U.S. stock futures are pointing down and most European markets are firmly in negative territory. But it's not all doom and gloom. Many stock markets are only taking a step back after trading near record highs.

Wall Street was an exciting place last week, with the Nasdaq nearing an all-time high.

2. Tire takeover

Shares in Pirelli (PPAMF) are rising by about 2% in Europe after China National Chemical Corporation announced plans to pay nearly $8 billion to acquire the Italian tire maker.

Talk of a takeover had been swirling for a few days.

3. Germany vs. Greece

Greece's new Prime Minister Alexi Tsipras is meeting Germany's Chancellor Angela Merkel Monday to discuss Greece's financial crisis. The results of the talks could influence market movements across Europe.

Tsipras has warned Merkel that it will be "impossible" for Greece to pay its debts in the coming weeks without further financial assistance from Germany and its international partners. Europe wants Greece to deliver on promised reforms before releasing any more funds.

The meeting comes after a video emerged this month showing Greece's outspoken finance minister Yanis Varoufakis making a lewd gesture directed towards Germany. The video was taken in 2013, before Varoufakis was installed in his new job.

4. Economics

The National Realtors Association will report on existing home sales made in February at 10 a.m. ET.

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What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

t's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

When? March 23^rd at 9:45pm Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the CNY to rise.

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What is it? Williams is due to speak about the economic outlook and monetary policy at the Australian Business Economists Luncheon in Sydney, via satellite.

Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.

When? March 23^rd at 9:15pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the USD to rise.

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What is it? It checks the annualized number of residential buildings that were sold during the previous month, excluding new construction.

It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

When? March 23^rd at 10:00am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

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What is it? ECB President Draghi is due to testify on monetary policy before the European Parliament's As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? March 23^rd at 10:00am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the EUR to rise.

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EUR/USD fell to 1.0655 earlier following the release of the German Producer Price Index (MoM). The index, which measures the change in the price of goods sold by manufacturers, came lower (0.1%) than expectations. Traders should focus on the European Currency Account data and the EU Economic Summit. European officials are to discuss the Greek debt crisis and whether new bailout would be introduced. In the long term, the currency pair could weaken due to the stimulus program introduced by the European Central Bank. The program, which includes massive asset purchases, has a bearish impact on the euro and may weaken the currency pair.

AUD/USD rose to 0.7693 earlier following Reserve Bank of Australia Governor Steven’s speech. Stevens said that the economic recovery in the U.S. has a positive impact on Australia and added that the Australia’s current interest rates do not restrict economic growth. The AUD/USD reached its lowest level since 2009 earlier this month. The currency pair may weaken in the long term due to the looming interest rate hike in the U.S. The Federal Reserve opened the door for interest rate hikes by removing the word “patience” from its policy statement. This could strengthen the U.S. dollar and have a bearish impact on the currency pair. Traders should focus on FOMC Member Dennis Lockhart’s speech later today. Lockhart may indicate when U.S. interest rates would increase.

Oil is traded at 45.30 after having reached its lowest level (42.01) since March 2009 on Thursday. The prospect of an agreement between the West and Iran means that prices could decline in the long run. Such agreement would allow Iran to export approximately a million barrels per day.  Also, the price of the commodity could decline due to the massive supplies by OPEC members. U.S. oil production rose significantly while Saudi Arabia oversupplies the market.

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

1. Bright day?

U.S. stock futures are pushing higher, indicating markets could recover after a relatively down day on Thursday.

Over the last trading session, the Dow Jones industrial average dropped by 117 points and the S&P 500 fell 0.5%. But the Nasdaq edged up by 0.2%.

2. International markets

Across the pond, European markets are moving up in early trading. Asian markets ended with mixed results.

3. Earnings

A handful of companies are reporting earnings ahead of the open, including Tiffany & Co (TIF), Darden Restaurants (DRI) and KB Home (KBH).

Shares in Nike (NKE) are rising after investors welcomed their latest quarterly earnings.

4. Cementing a deal

After a lot of back and forth, Holcim (HCMLY) and Lafarge (LFRGY) have agreed new terms for a mega merger. Nearly a year ago, the two European cement giants announced plans to create the world's biggest construction materials group.

On Monday, the original deal crumbled. Now the companies say the merger is back on, and shares in both firms are rising. Lafarge stock is up by 3.5%. Holcim shares are up by about 1%

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