After three weeks of the market risk aversion due to the debts crisis in Europe zone, this week still remain the market risk aversion. My view is that the debt crisis in the Europe Zone need to be resolved one day, if not the market will continue remains huge risk.

This was a week to forget for stock markets, but certainly a week to remember for dollar bulls, as the dollar returned to strength last seen 7 months ago. German Ifo Business Climate, US housing data and Unemployment are the major events this week.