Registered: Jun 2011
05-21-12 10:19 AM
I don't do this, nor do I intend to. But I'm interested to know if anyone around here does.
Every week there are a good dozen or so fairly significant speaker events. Most of the time they don't cause significant market movement, in my experience, but occasionally you'll see the market shift several ticks on the back of something a Central Banker/Finance Minister/PM says.
Of those speeches reported in popular subscription news service calendars, I am not certain if it is possible to watch them all - and many will surely not even be in English?
However, I'm quite certain if you actually watch some of these speeches live, you will pick up on some points before they are reported on Reuters terminal (which I also watch), and possibly you could found a profitable strategy on it. After a year of doing this you'd probably be nicely clued up on macroeconomics, and the types of phrases + speakers that/who are most likely to cause a stir.