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"8 win 2 loose 80% nice job."                                                                                                                                                                                   

What is it? It's a detailed record of the RBA Reserve Bank Board's most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates.

When? February 16^th at 7:30pm Eastern Time

If the announcement will hint towards higher interest rates, you can expect the AUD to rise.

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What is it? The Eurogroup coordinates economic policies of the 19 euro area member states, and their initiatives and decisions can have a widespread effect on the Eurozone's economic health.

When? February 16^th all day long.

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During today’s early trading session, The Nikkei rebounded from its 7 and a half year highs as investors took profits.. Following the Reserve Bank of Australia’s Governor, Glenn Stevens speech, the AUD traded higher. Stevens backed the reduction in interest rates and possible future monetary policy in order to rebalance the economy.

During the European trading session, the Euro rallied against the Dollar after the release of positive data. Germany released figures showing that the fourth quarterly and yearly CPI both came in higher than expected. The EUR/USD is currently trading above 1.400.

Traders are currently awaiting US data, including the Michigan Consumer Expectations and Sentiment to be released at 15:00 GMT, furthermore, the US Federal Open Market Committee (FOMC) Member Fisher will be speaking at 18:30 GMT. FOMC members are responsible for setting interest rates and their statements are closely watched for indications on the future monetary policy.

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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) Markets Looking Up

US stock futures are edging higher, European markets are rising in early trade and nearly all Asian markets closed with gains.

In Germany, the key Dax index has broken through the 11,000 mark for the first time, powered forward by better than expected economic growth figures.

Clearly, traders aren't feeling especially superstitious right now. Tom Beevers, CEO at StockViews, said markets were growing more optimistic about Ukraine and Greece.

A ceasefire in Ukraine was agreed Thursday and is expected to be enacted on Sunday.

And the European Central Bank is reportedly providing further emergency financing to Greek banks to ensure they can continue functioning smoothly even as fears remain that Greece could stumble out of the eurozone. The FTSE Greek banking index is rising by 13%.

"While geopolitical tensions remain high around the world, there are signs of progress," said Beevers.

2) Eurozone GDP

The Eurozone of 19 countries posted economic growth of 0.3% in the last quarter of 2014, compared with the previous quarter, according to a preliminary estimate. This was towards the high end of expectations.

Both Germany and Spain saw their economies grow by 0.7%, while France and Italy continued to stagnate.

3) Economics

The University of Michigan will post its monthly consumer sentiment index at 10am ET.

4) Thursday Market Recap

Stocks jumped over the previous trading session.

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