Given the latest data on Nonfarm Payrolls from the US last month and the outstripping tweet of Donald Trump, today there will be no trader who won’t be looking at the profile of the US President.
We remind that last month hours before the NFP data being pulished, Donald Trump shared in the social network a provocative post that suggested that data will be above analysts’ expectations.
Today, all traders will follow twitter for preliminary hints on data to be published at 3:30 pm GMT+3.
“Trump has introduced a market risk we have never had before, and that is Twitter risk,” says Ward McCarthy, chief financial economist at Jefferies LLC in New York.
Trader Nikolay Georgiev