Economic calendar: Market awaits minutes of last month's Fed meeting

Markets are awaiting the release of the minutes from the Federal Reserve's previous policy meeting to gauge the central bank's stance on interest rates and future monetary policy direction. The focus is on whether Fed officials expressed concerns about inflation persistence or economic resilience, which could influence expectations for rate cuts or hikes. Any indication of a hawkish tilt would likely strengthen the U.S. dollar through higher rate differentials, while dovish signals may pressure the USD by pricing in earlier easing. Traders will closely analyze the tone on inflation, labor market conditions, and economic growth as proxies for forward guidance. The next key catalyst will be Friday’s PCE inflation data, the Fed’s preferred gauge, which could validate or challenge the policy outlook implied in the minutes.

The US Dollar (USD) is the world's primary reserve currency and the base for most forex majors. Headlines about Federal Reserve policy, US macro data (CPI, NFP, GDP), and Treasury yield shifts typically drive USD pair direction within seconds of release.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.