BOC'S GOV. MACKLEM: MONETARY POLICY WILL DEPEND IMPORTANTLY ON USMCA TRADE TALKS, MIDDLE EAST WAR, AND IMPACTS OF US TARIFFS AND ENERGY PRICES.

Bank of Canada Governor Tiff Macklem indicated that the central bank's monetary policy will be significantly influenced by ongoing USMCA trade negotiations, the conflict in the Middle East, and the effects of US tariffs and energy prices. This highlights the interconnectedness of trade dynamics and geopolitical tensions, which can affect inflation expectations and economic growth in Canada. The Canadian dollar may experience volatility as traders assess the implications of these factors on capital flows and interest rate differentials. Market participants will be particularly attentive to upcoming trade developments and geopolitical updates, as these could serve as catalysts for shifts in monetary policy outlook.

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.