2012 began with another leg down for the euro, amid growing worries. The euro-zone’s rate decision is the highlight of the upcoming week. Here is an outlook for the major market movers. Last week weekly jobless claims dropped to 372K continuing the recovery process in the labor market after 387K claims in the prior week. ADP Non-Farm Payrolls also surprised with a gain of 325K jobs in the private sector, much better than the 176K predicted. These wonderful readings led to the grand finale event, the Non-Farm Payrolls, surging higher than expected with an addition of 200,000 and another drop in the unemployment rate. ... (full story)