Fed's Daly Says Too Early to Tell If War Will Create Long-Term Shock

San Francisco Fed President Mary Daly stated it is too early to determine whether the ongoing conflict will lead to persistent global economic disruptions. The market transmission mechanism hinges on potential supply chain bottlenecks, energy price volatility, and shifts in inflation expectations, which could influence the Fed’s policy path through the inflation and growth outlook. Equities, Treasury yields, and oil markets are particularly exposed, as renewed risk-off sentiment may drive capital into safe-haven assets while boosting crude prices due to Middle East supply concerns. Traders will closely watch the next CPI release and any updates on shipping disruptions through key chokepoints like the Red Sea.

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.