Head on a swivel today

For most people, April Fool’s is a light-hearted and fun day but if you’re a news trader, it’s a minefield. In the AI era, it’s going to be even worse as fake news can take on an indistinguishable air. There’s also a big cohort of the internet that would love to fool Wall Street.

Don’t take anything at face value.

Real news on the schedule today includes:

• 9:45 am ET – US final S&P Global manufacturing PMI
• 10 am ET – ISM manufacturing
• 10 am ET – Construction spending
• 10:30 am ET – Canada business outlook survey from the BOC

The Fed calendar is empty so be wary of any Fed headlines.

This article was written by Adam Button at www.forexlive.com.