One of the most important aspects that investors should not overlook is the schedule of market vacations. Knowing the dates when financial markets are closed can help you optimize your trading strategies and avoid losses on these days.
Remember that a lot depends on which international session you start trading during - holidays differ from country to country. In 2024, there will be several holidays in the global financial markets that will affect trading volumes and volatility.
Good Friday - April 5, 2024
Good Friday is celebrated in many countries. This causes financial markets to be closed. You should consider the possibility of lower trading volumes and higher volatility when planning your investment strategies with this religious holiday in mind.
Easter Monday - April 8, 2024
Easter Monday follows Good Friday and is celebrated in several countries. Financial markets in these regions may remain closed on April 8, which will affect global trading activity. You should take the extended weekend into account and plan your trades accordingly.
May Day - May 1, 2024
May 1 is not celebrated in all but many countries as International Workers' Day, also known as May Day. Note the potential impact on market dynamics, as financial markets in some regions may be closed, affecting trading volumes and liquidity.
US Independence Day - July 4, 2024
US Independence Day is a very important holiday and US financial markets will be closed on July 4, 2024. Global investors dealing in U.S. assets should plan for reduced liquidity and possible market fluctuations on this day.
Labor Day - September 2, 2024
Labor Day in the US falls on the first Monday in September, meaning US financial markets will be closed on September 2, 2024.
Thanksgiving Day - November 28, 2024
Thanksgiving is another American holiday that could have a significant impact on financial markets. U.S. markets will be closed on November 28, 2024, and investors should expect reduced liquidity and volatility during this time.
Christmas Day - December 25, 2024
The year closes with Christmas, a global holiday celebrated in many countries. Financial markets around the world will be closed on December 25, 2024. Investors should plan accordingly, taking into account the potential impact on market conditions.
New Year's Day - December 31, 2024
Although this day is not an official holiday in the financial markets, many traders and investors may prefer to finalize their positions and end the year early. In addition, trading volumes may be lower as market participants prepare for the celebration.
Be cautious when making trades on New Year's Eve, as reduced liquidity may lead to increased volatility. It is better to finalize your positions well before market close and be mindful of possible price gaps when markets reopen after the New Year holidays.
Investors need to be aware of the key holidays in the financial markets to effectively navigate them. Planning trades according to these dates can help mitigate the risks associated with reduced liquidity and increased volatility. Keep in mind that this list is not complete - holidays in your country can also have a significant impact. It will be very useful to add holidays of major financial centers of the world and your country to your calendar. This way you will be able to avoid risks.