Notable ETF Movers of the Day 12/05: (FXE) (SPY) (XLF) Higher; (VXX) (UNG) (GLD) Lower

• CurrencyShares Euro Trust (NYSE: FXE) up 0.42 percent to $134.11. German Chancellor Anglea Merkel and French President Nicolas Sarkozy are aiming for a change to the European Union (EU) treaties which would demand more fiscal discipline. Items include automatic sanctions for any countries that breach euro area budget guidelines, as well as Greece being the only country being able to receive aid from private sector creditors. On the news, some confidence is returning to Europe, pushing the euro 0.55 percent better against the U.S. dollar, to €1.3463.
  
  
• SPDR S&P 500 (NYSE: SPY) up 1.55 percent to $126.79. U.S. markets are moving higher Monday, as some European overhang is easing on potential EU treaty ratification. The Dow is up 1.1 percent, Nasdaq up 1.6 perncet, and S&P 500 is 1.5 percent into positive territory.
  
  
• Financial Select Sector SPDR (NYSE: XLF) up 2.52 percent to $13.23. Financials are making their way higher Monday, being led by JPMorgan (NYSE: JPM) and Citi (NYSE: C). JPMorgan is up 4.5 percent, which Citi is 6.4 percent better Monday. Financials have been one of the more volatile sectors during the EU mess, with investors calculating potential exposure to European debt all the while.

• iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 3.51 percent to $39.36. The CBOE VIX near-term index is 1.6 percent lower on the session, as investors become more confident in market conditions as talks in Europe continue. The CBOE put/call ratio fell from about 1.18 at the start of Monday, to 0.96 currently.
  
  
• United States Natural Gas (NYSE: UNG) down 3.48 percent to $7.64. Nat gas continued its slide Monday as warmer-than-normal temps were in the forecast for much of the U.S. After falling 1.4 percent Friday, the ETF hit a new 52-week low of $7.62 Monday.
  
  
• SPDR Gold Shares (NYSE: GLD) down 0.69 percent to $168.64. Investors and traders are willing to take on a little more risk Monday, cashing out of gold in favor of equities. Gold has been struggling around the $1,750 per ounce mark over the last few weeks. February contracts, the most actively traded, are $12.9 lower to $1,738.4 per ounce.

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