Trump and Xi Agree on Keeping Strait of Hormuz Open

The recent meeting between former President Trump and Chinese President Xi Jinping resulted in a positive dialogue, with both leaders agreeing on the importance of keeping the Strait of Hormuz open for global trade. This agreement may enhance risk appetite in financial markets, as it reduces the likelihood of supply disruptions in oil and trade routes. Energy markets, particularly crude oil, are most exposed due to their reliance on the stability of Hormuz, a critical chokepoint for oil shipments. Traders will be closely watching upcoming geopolitical developments and any further statements from the U.S. and China regarding their bilateral relations and energy policies.

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.