U.S. TREASURY SECRETARY BESSENT SAYS TRUMP AND XI HAVE TALKED ABOUT IRAN IN THEIR PHONE CALLS.

U.S. Treasury Secretary Bessent reported that former President Trump and Chinese President Xi have discussed Iran during their phone conversations. This development may influence geopolitical risk perceptions, particularly regarding U.S.-China relations and Iran's role in regional stability. The primary market transmission mechanism is risk appetite, as heightened tensions or cooperation could affect investor sentiment towards related assets. Markets most exposed include energy commodities, particularly oil, due to Iran's significant role in global supply dynamics. Traders will be attentive to upcoming diplomatic engagements or statements that could clarify the implications of these discussions on U.S. sanctions or Iran's oil exports.

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.