Hassett: High Hopes for Upcoming Trump-Xi Meeting

Hassett indicated that the upcoming meeting between Trump and Xi is approached with high ambitions, suggesting potential for significant diplomatic or economic developments. This sentiment may influence market dynamics through enhanced risk appetite, as investors anticipate positive outcomes that could lead to improved trade relations. Assets most exposed include those linked to U.S.-China trade, particularly technology and agricultural sectors, which could benefit from reduced tariffs or increased cooperation. Traders will be particularly attentive to any joint statements or agreements made during the meeting, as these could serve as immediate catalysts for market movement.

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.