Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

1) Greek Tragedy

Greece is one step closer to being forced out of the Eurozone after debt talks with its creditors collapsed Monday.

But investors are taking the news in stride.

European stock markets are mixed in afternoon trading. Greek stock markets took a dive but then recovered most of their losses.

U.S. stock futures are looking relatively stable.

Greece has to figure out a plan to pay its bills and debts in the coming months and years, but the country's prospects are looking increasingly grim.

Greece's €240 billion ($273.1 billion) bailout program -- which is keeping it afloat -- is set to expire at the end of February. Without a new agreement with creditors, Greek banks could lose access to cash from the European Central Bank, and Greece could be ultimately forced out of the Eurozone.

2) Ukraine's Shaky Ceasefire

The agreed ceasefire in Ukraine isn't being observed as fighting continues in Debaltseve in Eastern Ukraine.

Continued fighting between Ukrainian forces and pro-Russian separatists threatens to put further pressure on the Russian ruble and stock markets, as international powers may consider more sanctions against Russia.

"The ruble has appreciated in recent days due to recovering oil prices," said Adam Slater, senior economist at Oxford Economics, "We think that this rebound will be limited due to the tensions in eastern Ukraine."

The ruble is rising by about 1% versus the U.S. dollar as oil futures remain steady around $53 per barrel.

A ceasefire was due to be fully implemented Sunday, and all parties involved are supposed to start withdrawing their heavy weapons on Tuesday.

3) The Motion of Transocean

Watch trading in oil services company Transocean (RIG) Tuesday. Trading volume could be higher than normal after the company announced its CEO is leaving and it's planning to slash its dividend payments.

4) Earnings Update

Goodyear Tire (GT) is reporting earnings before the opening bell. Retailer Fossil (FOSL) and restaurant chain Potbelly (PBPB) will report after the close.

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What is it? It's among the primary tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions.

When? February 17^th - Tentative.

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

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What is it? SNB Chairman Jordan is due to speak at the Switzerland at the heart of Europe: between independence and interdependence Conference at the University of Brussels.

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? February 17^th at 12:00pm Eastern Time.

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

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What is it? It checks the change in the average price of dairy products sold at auction.

It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income.

When? February 17^th.

If the actual number is higher than the forecast, you can expect the NZD to rise.

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What is it? It checks the level of a diffusion index based on surveyed German institutional investors and analysts.

It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity.

When? February 17^th at 5:00am Eastern Time

If the actual number is higher than the forecast, you can expect the EUR to rise.

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What is it? It checks the change in the price of goods and services purchased by consumers.

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

When? February 17^th at 4:30am Eastern Time

If the actual number is higher than the forecast, you can expect the GBP to rise.

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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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