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What is it? It checks the change in the inflation-adjusted value of all goods expenditures by consumers.

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

When? November 27^th at 2:45am Eastern Time.

Trading Tip: If the 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 total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations.

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

When? November 27^th at 2:00am Eastern Time.

Trading Tip: If the number is higher than the forecast, 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) Economic Updates

The US government posts weekly jobless claims at 8:30am ET. That's followed by the University of Michigan's consumer sentiment index at 9:55am ET, and new home sales data from the US Census Bureau at 10:00am ET.

2) OPEC Meeting Begins

Ministers from major oil producing nations begin a two-day meeting Wednesday in Vienna to discuss future oil production plans. The OPEC meeting is poised to be one of the most contentious since oil prices plummeted by more than $100 a barrel in 2008. A decision is due Thursday over whether the producer cartel will cut its output for the first time since December 2008.

3) Google Break-Up?

European Parliament will debate a possible break-up of Google (GOOGL, Tech30) Wednesday over concerns that the American tech company has gained monopolistic powers in Europe.

On Thursday, members will vote on a resolution that will propose ways to shrink Google's influence in Europe. But even if the vote passes, it'll only be a recommendation. A final decision lies with another branch of the government: the European Commission.

4) Stocks Enter Holiday Mode

US stock futures are inching higher Wednesday, but the gains were small.

European markets are mostly edging up in early trading, and most Asian markets ended with gains.

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US markets traded choppy but closed slightly lower. Data was mixed and volume appeared to be low ahead of the Thanksgiving Holidays tomorrow. Despite indexes ending slightly lower, they still remained at all-time highs.

Asian markets were mixed across the region. The Nikkei dropped 0.14% as the Dollar weakened slightly against the Yen.

European markets are higher today as the Vice President of the ECB, Vitor Constancio, stated that the bank is prepared to buy bonds as soon as 2015. In addition to this, Jean Claude Junker, President of the European Commission presented a 5 year plan for public investment throughout the European Union.

Oil dropped sharply and has reached a new four year low of 73.8. Losses were seen after the API reported that weekly crude stock climbed 2.8 million barrel over the past week. Traders are also cautious ahead of OPEC’s meeting tomorrow and are eager to see if they cut production. If output is cut, we could see the price climb back up.

Gold is trading choppy around $1,197/ounce. The market is awaiting Sunday’s Swiss referendum to see if reserves will be increased from 8% to 20%. The Dollar remains high as data has been consistently strong and this should push the price down. However, talk of increased stimulus is also present from Japan, China and Europe. Traders should remain focused on US data as it could spark short term volatility.

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What is it? It checks the change in the total inflation-adjusted value of new capital expenditures made by private businesses.

It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their investment levels can be an early signal of future economic activity such as hiring, spending, and earnings.

When? November 26^th at 7:30pm Eastern Time.

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

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What is it? It checks the difference in value between imported and exported goods during the reported month.

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

When? November 26^th at 4:45pm Eastern Time.

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

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What is it? It checks the change in the price businesses and the government pay for labor, excluding bonuses.

It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer.

When? November 11^th at 7:30pm Eastern Time.

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

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