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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. Greece lightning:

Investors are elated Monday morning as they expect top European leaders will reach an agreement with Greece over its debts and economic reforms. Monday is seen as a make-or-break day for the country as it tries to avoid defaulting and crashing out of the eurozone.

An official within the European Commission tweeted overnight that Greece has submitted a new proposal to its creditors that would provide a "good basis for progress" during a meeting of top eurozone leaders. And the European Central Bank agreed to provide yet more emergency funding for Greek banks. The ATHEX index in Greece is up 8% while the main indexes in Germany and France are rallying by just over 3%.

U.S. stock futures are also rising by about 1%.

Nearly all Asian markets ended the day with healthy gains, though the Shanghai Composite was closed for a holiday

2. Stock market mover:

Williams Companies: Shares in Williams Companies (WMB) are rising by nearly 30% premarket after the natural gas company turned down an unsolicited takeover bid, but said it was open to other offers and "strategic alternatives."

Energy Transfer Equity (ETE) confirmed it made the proposal for an all-equity takeover that valued Williams Companies at $53.1 billion, including debt and other liabilities.

Williams' stock is currently trading around $62 per share, just below the offer price of $64 per share.

3. Earnings and economics:

Fast food chain Sonic (SONC) will report after the close. Sonic's share price is up 23% from this time last year.

At 10 a.m. ET, the National Association of Realtors will release its existing home sales report for the month of May. In April, existing home sales were down by just over 3% due to low supply levels.

4. Weekly market recap:

U.S. stock markets were relatively strong throughout last week, but slouched on Friday. Looking at the week as a whole, the Nasdaq jumped by 1.3% and hit an all-time high on Thursday. The S&P 500 edged up by 0.8% over the same period, and the Dow Jones industrial average rose by 0.7%. Stocks in global markets, the euro, and the euro zone bonds all rose today, following a wave of optimism that Greece and its international creditors will come up with a last minute deal that will help Greece avoid default.

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What is it? It'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. A Survey of about 430 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.

When? At 09:45pm 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? 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? 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? Heads of state from Eurozone countries, including ECB President Mario Draghi and International Monetary Fund Managing Director Christine Lagarde, are due to meet about Greece's current agreement with the European Financial Stability Facility (EFSF), in Brussels.

When? All Day

Trading Tip: This announcement can greatly affect the EUR so make sure to follow it!

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What is it? Eurogroup meetings are usually held in Brussels and attended by the Eurogroup President, Finance Ministers from euro area member states, the Commissioner for economic and monetary affairs, and the President of the European Central Bank. They discuss a range of financial issues, such as euro support mechanisms and government finances. The meetings are closed to the press but officials usually talk with reporters throughout the day, and a formal statement covering meeting objectives may be released after the meetings have concluded.

When? All Day

Trading Tip: This announcement can greatly affect the EUR so make sure to follow it!

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USD is rising against most of the major Currencies.

Copper and Crude Oil are declining.

Nikkei 225 is on the rise.

Twitter Stock is rising.  

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