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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. Rate cut in South Korea

South Korea's central bank has unexpectedly cut interest rates based on concerns that a recent outbreak of Middle Eastern Respiratory Syndrome (MERS) will hit growth, spending and economic sentiment.

So far, 10 people have died after contracting MERS. There are over 120 confirmed cases.

More than 2,400 schools have been closed, and thousands of people have canceled trips to the country. Restaurants, transport companies, local exhibitions and cosmetic firms have taken a hit.

2. Earnings and economics

Leapfrog (LF) and Restoration Hardware (RH) are reporting after the close.

On the economic side, the U.S. Census Bureau will release its retail sales report for the month of May at 8:30 a.m. ET. Economists will be looking for an uptick in sales after flat numbers in April.

Also at 8:30 a.m., the Department of Labor will release the latest weekly jobless claims data.

3. International markets overview

European markets are continuing to rise in early trading, maintaining the positive momentum from Wednesday.

Global government bond prices continue to fall, pushing yields up. The U.S. government's 10-year bonds are currently yielding 2.49%, up sharply from earlier in the year when they were yielding 1.65%.

Most Asian markets ended with gains, except for the Mumbai Sensex, which is declining by over 1%.

The U.S. dollar is strengthening against most major currencies.

4. Wednesday market recap

U.S. stocks were helped higher Wednesday by rumors of a deal to resolve Greece's debt crisis.

The Dow Jones industrial average and Nasdaq both jumped by 1.3%, while the S&P 500 gained 1.2%.

As it stands, the Dow would need to rise by another 1.5% to match its all-time closing high. The S&P 500 would need a further 1% push and the Nasdaq would need to rise by another 0.5%

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What is it? Poloz is due to hold a press conference about Financial System Review, in Ottawa.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? June 11^th at 11:15am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the CAD to rise.

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What is it? It checks the number of individuals who filed for unemployment insurance for the first time during the past week.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

When? June 11^th at 8:30am Eastern Time.

Trading Tip: If the actual number is lower than the forecast, you can expect the USD to rise.

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What is it? It checks the change in the total value of sales at the retail level.

It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

When? June 11^th at 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

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What is it? It checks the change in the total value of sales at the retail level, excluding automobiles.

Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends.

When? June 11^th at 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

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