News of the day: Canada trade surplus, Shopify shares slump, Keyera acquisition, interest rate hikes, Carney’s fiscal update and more

Canada reported a trade surplus, indicating stronger-than-expected export performance, which could influence the Canadian dollar's strength through improved trade balances. In contrast, Shopify shares experienced a slump, likely reflecting investor concerns over the company's growth prospects amid rising interest rates, which can dampen risk appetite and lead to capital outflows from tech stocks. The acquisition of Keyera may impact energy sector valuations, particularly in the context of ongoing interest rate hikes that affect financing costs. Traders will be particularly focused on Carney's fiscal update for insights into potential government fiscal policies that could further influence economic conditions and market sentiment.

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.