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

It's a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase.

When? March 18^th at 8:30am Eastern Time.

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

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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. Monday momentum

Most European markets are rising in early trade, with Germany's DAX pushing above 12,000 points for the first time, as the newly-launched money printing program by the European Central Bank continues to support stocks. The DAX is the world's hottest market so far this year.

U.S. stock futures are also gaining ground.

2. China boost

The Shanghai Composite gained more than 2%, and Hong Kong's Hang Seng rose by 0.5%, as China's Premier Li Keqiang promised to press ahead with economic reforms, and reiterated that the government had plenty of options to bolster growth if necessary to hit this year's target of 7%.

Keqiang was speaking as China's closed its annual parliamentary meetings on Sunday in Beijing. He said the reforms would hurt.

"This is not nail clipping," he said. "This is like taking knife to one's own flesh."

3. Waiting for the Fed

U.S. markets have been on edge in recent days as investors have tried to figure out the timing of a rise in U.S. interest rates. The Federal Reserve starts a two-day meeting Tuesday, and markets are speculating that a critical word -- patient -- may be removed from its official policy statement. That could open the door for the Fed to raise rates in June, earlier than some hoped.

4. Economics

The National Association of Home Builders/Wells Fargo housing market index will come out at 10 a.m. ET.

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During today’s early trading session, Asian stocks were mixed as investors await Japan’s Monetary Policy statement later this evening, traders will listen closely for clues on the outcome of future interest rate decisions.

During the European session, the EUR/USD is trading with bullish sentiment and retreating from 12 year lows, on Friday the pair dropped to 1.046 as expectations for an interest rate hike boosted demand for the Dollar. Traders are now awaiting ECB’s President Draghi’s speech at 18:45 GMT, traders will listen closely to his remarks for any clues on future monetary policy.

During early U.S. trade, the Dollar Index slipped lower after U.S. data showing that NY Empire State Manufacturing Index showed a lower than expected figure. On Wednesday the U.S. Federal Open Market Committee statement will take place, this a key event for investors as it discusses interest rate decisions and factors affecting the economic outlook.

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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? March 16^th - Tentative.

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

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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? March 16^th at 8:30pm Eastern Time.

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

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What is it? President Draghi is due to speak at the SZ Finance Day 2015 "The Future of the Finance Industry - Between Growth and Regulation" summit, in Frankfurt.

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

When? March 16^th at 2:45pm Eastern Time.

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

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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. Focus on the Fed

It has been an exciting week of ups and downs, but now traders are turning their attention to next week's monetary policy meeting at the U.S. Federal Reserve.

Investors are expecting the Fed to raise interest rates in the next few months as the job market improves and salaries rise. The expectations for tighter monetary policy have helped the dollar rally to new highs and caused some jitters in U.S. markets.

2. New banking fine

Germany's Commerzbank (CRZBY) has agreed to pay nearly $1.5 billion to U.S. authorities to settle a case related to sanctions and money laundering. Shares in the bank were rising by about 5% in Europe as investors expressed relief that the bank could now move on after a long investigation.

Business records indicate the banking violations occurred between 2002 and 2008.

3. Economics

The Russian central bank cut interest rates Friday, down to 14% from 15%.

The central bank hiked rates to an eye-watering 17% late last year to defend the falling currency. But since January, it's been trimming rates to try to prevent a protracted economic slump.

Back in the U.S., the University of Michigan will post its consumer sentiment index at 10 a.m. ET.

4. Weekly market recap

On Thursday, markets shot up. The Dow Jones industrial average gained 260 points, the S&P 500 surged by 1.3% and the Nasdaq rose by 0.9%. That followed a sharp fall on Tuesday.

The Dow plummeted by about 333 points on Tuesday, marking its worst drop of the year.

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