What is it? 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? January 28^th at 1:50pm Eastern Time.

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

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US markets climbed as investors shrugged off news from Greece. The left wing Syriza party won the elections and came to power. The party is strongly against the austerity program but shock in the market was short lived and traders believe that the result is unlikely to destabilize the European economy. 

Asian markets were mixed today. The Nikkei added 1.72% after the Dollar advanced strongly against the Yen throughout the day, climbing from 117.5 to 118.65. Traders also tracked U.S markets after fears regarding Greece subsided.

European markets are lower today.

Crude Oil declined following the news that the Syriza party won the Greek elections. Today, the price dropped back down and the commodity is now trading choppy. Traders appear to be looking for direction and volatility is expected to remain high unless oil producing countries make an agreement. The API will release inventory data at 9:30pm GMT and could spark short term movement.

Gold declined as traders locked in profits following gains made after the Greek election. In addition, traders appeared to reinvest in riskier assets, ditching the metal for equities. Attention will now turn to Wednesday’s FOMC meeting as investors are eager to learn when the interest rate hike will occur.

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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 Getting Snowed Under

US stock futures are all pointing down ahead of the open as traders express disappointment over some quarterly results.

Shares in Microsoft (MSFT, Tech30) and Caterpillar are both declining more than 7% after releasing their latest earnings.

Microsoft reported a drop in quarterly profit, largely due to the ongoing restructuring of the company. But sales are growing for just about every product Microsoft makes, except for Windows.

2) Natural Gas Bounce

Natural gas futures are bouncing by about 3% in New York. Traders appear to be expecting a surge in heating demand because of the cold weather slamming the northeastern United States.

3) International Markets Overview

Most European markets are down in afternoon trading, with some major indexes off by more than 1%.

However, the Swiss stock exchange is up by about 1%. Swiss markets are clawing back some of the losses endured earlier this month after the central bank allowed the currency to float freely instead of being pegged to the euro.

Asian markets ended with mixed results.

4) Monday Market Recap

The Dow Jones industrial average gained a mere 6 points on Monday, while the S&P 500 and the Nasdaq both put on about 0.3%.

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