Trump tweets increasingly moving markets: report eNCA
The report unveiled a new 'Volfefe' index that measures volatility after presidential tweets.
NEW YORK - Donald Trump has been tweeting more than ever in recent months and is also moving financial markets more, according to a new report by JPMorgan Chase that analyzed the US president's Twitter habit.
"By this metric, 'market-moving tweets' have ballooned in frequency this August," the report said."Importantly a few episodes have been associated with a sharp rise in implied volatility."
Market-moving tweets tend to receive fewer"likes" and retweets than Trump's other tweets, the report said. Top market-moving words include"China,""billion" and"products," followed by"dollars,""tariff," and"trade."
Trump blamed the Fed chief for the inverted yield curve on August 14 and questioning whether Powell was a"bigger enemy" than Chinese leader Xi Jinping on August 23.
However, the faster pace of tweets is partly accounted for by retweets of messages sent by others, according to the report.Read more: eNCA
More Americans will die after Trump abruptly ends Afghan talks, Taliban sayPresident Donald Trump's decision to cancel Afghan peace talks will cost more American lives, the Taliban said on Sunday while the United States promised to keep up military pressure on the militants, in a stunning reversal of efforts to forge a deal ending nearly 20 years of war in Afghanistan.
Afghan peace effort in disarray after Donald Trump ends talks | IOL NewsPresident Donald Trump's abrupt decision to cancel a secret negotiation with the Taliban and Afghan leaders has thrown the ...
More Americans will die after Donald Trump ends Afghan talks, says Taliban | IOL NewsPresident Donald Trump's decision to cancel Afghan peace talks will cost more American lives, the Taliban said.
PICS: Hong Kong protesters call on Donald Trump to 'liberate' city | IOL NewsThousands of Hong Kong protesters chanted the US national anthem and called on US President Donald Trump to 'liberate' the Chinese-ruled city.
Trump says he cancelled peace talks with Taliban over attackTrump said he had planned a secret meeting with the Taliban’s “major leaders” on Sunday at a presidential compound in Camp David, Maryland.
How Trump upended US-Taliban peace talks | IOL NewsWith a series of tweets, President Donald Trump has upended nearly a year of U.S.-Taliban negotiations on ending America’s longest war.