Yes, news trading is allowed, but it should be done responsibly and not in an abusive manner. This means no excessive risk or high leverage positions into the news release, especially for newly opened positions right before the event!
What are some examples of major news events to be aware of?
Major news events are typically categorized as High Importance in an Economic Calendar. Examples include:
– Consumer Price Index (CPI)
– Producer Price Index (PPI)
– Gross Domestic Product (GDP) releases
– Unemployment Rate announcements
– Non-Farm Payrolls (NFP)
– Federal Open Market Committee (FOMC) meetings and statements
– Central bank interest rate decisions (e.g., Federal Reserve, European Central Bank, Bank of England, etc.)
– Retail Sales reports
– Consumer Confidence Index (CCI)
– Purchasing Managers’ Index (PMI)
Visit our economic calendar here