Trading the news involves making investment decisions based on the release of key economic indicators, geopolitical events, and other news events that have the potential to impact financial markets. With an emphasis on retail trading later this month, look for the Finance Magnates Africa Summit (FMAS:24) to explore this growing space in Africa at length.
Only a few weeks remain until the landmark event, taking place on May 20-22 in Sandton City, South Africa. After many months of anticipation, the premium event of the year in Africa is looking to draw record interest, attendance, and attention from the global retail industry. This year’s event will feature many new additions, perhaps none bigger than Trader Zone.
Trader Zone represents the newest addition to FMAS:24, providing an informative hub and engaging forum for all participants to learn, meet, and learn from other traders, top brokers, and more. One of the more anticipated workshops of the event will be the session, ‘How to Trade the News’.
Looking to book your seat for FMAS:24? Now is the time as online registration is available for a limited time only. Head on over to the registration page for FMAS:24 and sign-up today! Registering online ensures you can skip the wait and queue on-site.
Everything You Need to Know About Trading the News
One fundamental aspect of trading the news is understanding the significance of different news events and their potential impact on the markets. Economic indicators such as GDP growth, unemployment rates, inflation data, and central bank announcements can have a significant influence on currency exchange rates, stock prices, and commodity prices. Traders need to stay informed about upcoming news events and assess their potential implications for the markets.
The upcoming workshop, ‘How to Trade the News’ will be taking place on May 22 at 12:40-13:10 at Centre Stage. Participating attendees can learn not only how to trade the news, but first how to learn to read them like a trader. Join this noteworthy session to tell the difference between economic events and the market's expectations that move assets' prices.
Attendees can also strategies and techniques surrounding news trading. This includes why traders often seek to capitalize on short-term price movements that occur immediately following the release of important news events, among other things. Is this a combination of careful planning and execution?
This is one panel you cannot afford to miss as markets can be highly volatile during these periods. Traders may use technical analysis techniques such as support and resistance levels, trend lines, and candlestick patterns to identify entry and exit points for their trades.
Register Today for the Biggest Event of the Year in Africa!
See you soon in South Africa!
