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Traders watching for clues on Deutsche Bank, Fed policy

Deutsche to fuel dollar rally?

Traders may focus again on trading in Deutsche Bank shares Tuesday, as German markets reopen and the countdown to Friday's employment report continues.

"Specifically, tomorrow I want to see how Deutsche Bank performs," said Quincy Krosby, market strategist at Prudential Financial. She is also watching for the impact to the market from financial stocks and oil prices.

The U.S.-traded shares of Germany's largest lender closed Monday well off lows at $12.98 a share, or about 0.8 percent lower. The stock hit record lows last week and bounced in volatile trade as investors are concerned about the future of Deutsche Bank as it faces the U.S. Department of Justice's demand for a $14 billion settlement.