A headline is not a trade. The retail trader reads the news and reacts; the desk reads the same news and asks three questions: does this actually move my market, is it already priced in, and what does it do to my book. This is how TTerminal's News feed is built to answer those questions for you, and the exact workflow to turn the wire into a position instead of a panic.
Most traders lose money on news not because they get the direction wrong, but because they react to the wrong headlines, at the wrong moment, with no framework for what the headline is actually worth. The wire never stops. Hundreds of items a day cross the tape, and the overwhelming majority are noise: confirmations of things already known, opinions, and stories that matter to a journalist but not to a price. The skill is not reading faster. It is filtering, ranking and translating, deciding in seconds whether a headline is tradeable, which way, and how hard.
That is precisely the job TTerminal's News feed is designed to do before you even open the story. This guide walks through every part of it the way a desk would use it: the live wire, the category filters, the two tags stamped on every headline (Impact and Sentiment), the two-line trading read, the affected instruments, and the geopolitical and narrative layers that sit on top. Then we put it together into a repeatable workflow.
News does not move price. The gap between the news and what was already priced in moves price. The feed exists to help you find that gap fast: spot the headline that matters (Impact), see which way it leans (Sentiment), understand the second-order read (the desk summary), and know exactly which instrument to look at (affected assets). Everything below is just learning to read those four things together.
At the top of the feed sits the live JUST IN stream, marked BREAKING for the items that hit hardest. This is the real-time wire: headlines arrive the moment they break, in the order they break, so you are reading the market's information at the same time the market is. For event-driven trading this is the whole game, because the first few minutes after a genuine surprise are where the largest, fastest moves happen and where the difference between seeing it live and seeing it on a five-minute delay is measured in entire legs of a move.
The instinct to fix early is the urge to trade every breaking headline. Do not. The wire's value is not that everything on it is tradeable; it is that when something tradeable appears, you are already there. The filters and tags below are what tell you which of those headlines is the one to act on.
Above the feed is a row of filters that collapse the firehose into the slice you actually trade. The core set:
The discipline here is simple and underrated: filter to your market first. Ninety percent of the wire is irrelevant to any single trader. Removing it is not laziness, it is how you keep attention on the handful of headlines that can actually pay you.
This is the core of the feed and the part to understand most deeply. Every headline carries two stamps, and they answer two different questions. Confusing them is the most common mistake traders make with any news tool.
The Impact rating is a measure of how much this headline can move price, regardless of direction. It is the filter that separates market-movers from noise. A HIGH IMPACT tag on a macro print or a central-bank surprise says: this is the kind of headline that repositions an entire asset class, clear your screen and pay attention. A LOW tag says: this is context, not a catalyst, do not build a trade on it.
Why this matters so much: the single biggest source of news-driven losses is treating a low-impact headline as if it were high-impact, chasing a move that was never going to materialise because the item simply was not big enough to move the market. Impact is your triage. Read it first, before you even register the direction.
The Sentiment tag is the directional read: does this headline, taken at face value, lean Bullish, Bearish or Neutral for the asset it concerns. It is the fast answer to "which side." But, and this is the part that separates a professional from a tourist, sentiment is the face value of the news, not a signal to click buy or sell. Two traps to internalise:
Impact first, then Sentiment. Impact decides whether you look at all. Sentiment decides which way you lean if you do. A HIGH IMPACT, Bearish headline on your instrument is a "sit up" event. A LOW, Bullish one is something you note and move on from. Never let a strong direction tag pull you into a low-impact headline.
Under each significant headline the feed gives you a short, trading-focused summary written in the voice of a desk analyst, not a journalist. The difference is everything. A news service tells you what happened. The desk read tells you what it means for the trade: the second-order effect, the asset most exposed, the reason it is or is not a catalyst. This is the layer that turns a raw headline into an actionable thought, and it is deliberately two sentences, because if the read cannot be said in two sentences it is usually not a clean trade.
Use it as a sanity check on your own reaction. If your gut says "buy" and the desk read explains why the move is likely already exhausted, that disagreement is valuable information. The point of the summary is not to think for you; it is to make sure you have considered the second-order read before you commit risk.
A headline is abstract until it is attached to something you can actually trade. The feed tags each story with the affected assets and tickers it bears on, so the path from "OPEC+ announces a surprise cut" to "this is a crude long, and a headwind for airlines and a tailwind for the commodity-linked currencies" is made explicit rather than left to you to reconstruct under time pressure. For a multi-asset trader this is the bridge between reading the news and pulling up the right chart, and it is where a lot of edge is quietly lost or won: the trader who already knows the three instruments a headline touches is two minutes ahead of the one still working it out.
Geopolitics is a different kind of news. A single conflict headline rarely moves price the way a CPI print does, but the accumulation of geopolitical risk reprices oil, gold and the dollar over days and weeks. The feed's geopolitical view organises this by region, tracks the level of risk in each, and flags escalation versus de-escalation, because the direction of the risk matters as much as the level. A region that is high-risk but cooling is a very different trade from one that is mid-risk and heating up.
How to use it: treat the geopolitical layer as the floor or ceiling under your commodity and safe-haven trades, not as an entry trigger. When a region is escalating, that is the bid under gold and crude that you do not fight; when it is de-escalating, the risk premium drains out and those same trades lose their support. The 2026 oil shock that ran through our CPI and Bank of Japan coverage is the textbook case: the entire dollar, gold and rates complex was, for weeks, one geopolitical trade wearing a macro costume.
The highest layer, and the one that most often explains why a "good" number sends a market down, is the narrative: the single dominant story the market is currently pricing. Soft landing versus recession. Higher-for-longer versus pivot. Risk-on versus risk-off. The same data is interpreted through whatever the prevailing narrative is, which is why identical jobs reports can rally the market in one quarter and sink it the next.
The narrative layer tells you which lens is currently active. You use it to flip the sign on Sentiment when the regime demands it: in a "good news is bad news" narrative, a Bullish-tagged strong-growth headline is a risk-negative event, and the feed's narrative read is what warns you that the obvious interpretation is the wrong one. Trading the headline without knowing the narrative is how you end up correctly predicting the data and still losing on the reaction.
Here is the sequence the feed is built to support, start to finish:
A HIGH IMPACT macro headline crosses: inflation comes in hotter than forecast. Sentiment reads Bearish for bonds and risk, Bullish for the dollar. You check the narrative: the market is in "good news is bad news," so hot data lifts hike odds, which confirms dollar-up and risk-down rather than inverting it. The desk read flags that the front end of the rate curve is the cleanest expression. Affected assets point you to the dollar index, gold and the 2-year yield. You let the first algorithmic spike play out, watch whether the dollar holds its break, and trade the second move with a level from the chart and a size set by the current volatility regime. That is the full loop: headline to bias to instrument to position.
Theory is cheap, so here is the loop on a real event from this June, the largest IPO in history. When SpaceX priced and opened for trading on the Nasdaq under the ticker SPCX, this is roughly how it surfaced in the feed, and how we used it.
Largest IPO in history opens hot on a tiny 4.3% float, where thin supply amplifies the move in both directions. Watch for an early-momentum overshoot; the real test is whether it holds the gains into the close, not the first print.
The headline was unambiguously HIGH IMPACT, a record-breaking listing, and Bullish at face value. But the desk read flagged the second-order point: the move was running on a 4.3% float, so the question was not direction but durability. That is exactly the "challenge the Sentiment" step in action. The stock opened at $150, ran all the way to an intraday high of $176.52, and then, as the read warned, handed some of it back to close at $161.11, still up 19.3% on the day but well off the high. A trader who chased the first print near the highs was underwater by the close; a trader who read "durability, not direction" waited for the second move.
The feed gave us the live event and the instant framing in seconds. Turning that into a view is the next step, and our published read separated the company from the stock: a genuinely historic business with one outstanding profitable engine in Starlink, wrapped in a valuation that needs almost everything to go right, sold on a thin float with about 85% of the votes in one person's hands. Historic, but demanding, and the thing to watch is the lock-up calendar more than the launch pad. You can read that full breakdown in our SpaceX IPO deep-dive. The point for this guide is the sequence: the feed is step one (see it, rank it on Impact, frame it with the desk read), the chart is step two (where do I actually act), and your own analysis is step three (what is the view, and how big is the position).
The News feed is not a ticker to stare at; it is a filtering and translation engine. The live JUST IN wire makes sure you are never late, the filters cut it to your market, Impact tells you what is worth your attention, Sentiment tells you the lean, the desk read gives you the second-order meaning, affected assets point you at the chart, and the geopolitical and narrative layers tell you whether to trust the obvious interpretation or flip it. Learn to read those together and you stop reacting to headlines and start trading the gap between the news and the price, which is the only part that ever pays.
This article describes TTerminal's News feed and how to use it as part of a trading process. It is educational and is not investment advice. News and analysis tools are inputs to a decision, not a substitute for your own risk management. Trading carries risk of loss.
The JUST IN wire, Impact and Sentiment on every headline, the desk read, affected assets, geopolitics and narrative, across forex, indices, commodities, stocks and crypto.
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