Reminder, Japanese and mainland China markets are close again today, Tuesday, May 5, 2026

Japanese and mainland Chinese markets are closed today, May 5, 2026, due to public holidays. This closure may impact trading volumes and liquidity in Asian markets, potentially leading to increased volatility in currency pairs such as USD/JPY and AUD/CNY as traders adjust positions in anticipation of reopening. The absence of trading in these major economies could also affect regional risk appetite, particularly for commodities and equities tied to Chinese demand. Traders will be looking ahead to the upcoming economic data releases from both countries, particularly any indicators of manufacturing activity, which could influence market sentiment upon reopening.

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.