Digesting economic news can be tough, especially with all of the different sources available. But over the past several years, something amazing has happened on this front. We have seen the rise of Twitter. Stories have broken on Twitter before it's even reached the news desks of publications. In 2013, the Associated Press account was hacked and a tweet was sent out, stating there had been two explosions, with President Barack Obama injured from the blast. The stock market then proceeded to collapse on the retweeted false news.
Information Overload Selection
With Twitter, all of the information is there for the taking and it only comes down to knowing where to look. The trouble with Twitter for a trader is that you are constantly required to refresh your feed to see the latest updates. And even when you use applications like TweetDeck, which feed without needing to refresh, there are still delays from the time the original tweet is posted until it arrives in your feed.
And so, we are proud to introduce our most recent tool, the Live Forex News stream. Joel has put together a list of some of the most informative handles relating to FX and global macro markets, and now you get all of these updates, without having to refresh and without any delay. We've initially started with Twitter as our main source, and the clean design of the page should help keep the content as the main focus.
How is this different? Check through your current Twitter feed and ask yourself if there are any irrelevant people you follow. Oh, and did we mention that the live forex news stream is free to use?
- Pre-selected list of great people, some of the best personalities covering FX and global markets. We are going to be fine-tuning the list over time and will add additional sources as we go.
- No more refreshing your browser! Ctrl + F5 is dead. The news feed updates automatically and in real-time so you don't need to keep refreshing the web page.
Overall, this live feed should be one of your tools that is kept open as a background topic. Last week, we found that on average, traders were using the feed for 4.17 hours each day.
Over the coming weeks, we are going to be adding new sources to the stream, including the bank reports, technical analysis and fundamental analysis updates. We will also be looking to integrate more third party news sources.
What other Twitter handles or news services do you use?
We would love to hear your thoughts and feedback. Get in touch with me at firstname.lastname@example.org