'The subject of these tweets has increasingly turned toward market-moving topics, most prominently trade and monetary policy.'
JPMorgan Chase has created a special index to track how President Donald Trump's tweets impact interest rates and other economic indicators.
"The subject of these tweets has increasingly turned toward market-moving topics, most prominently trade and monetary policy,"said in a statement."And we find strong evidence that tweets have increasingly moved U.S. rates markets immediately after publication." The president has been accused of personally trying to influence the markets, and JPMorgan notes that"A broad swath of assets from single-name stocks to macro products have found their price dynamics increasingly beholden to a handful of tweets from the commander in chief."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
JPMorgan has created an index to track the effect of Trumps tweets on financial markets: 'Volfefe index'President Trump's market-moving tweets most often address trade and monetary policy, with keywords including 'China,' 'billion' and 'products.'
Consulte Mais informação »
A JPMorgan bot analyzed 14,000 Trump tweets and found they have a 'significant' impact on marketsThe bank's 'Volfefe Index' found that words like 'China,' 'billions,' 'dollar,' 'tariffs,' 'trade,' and 'Mueller' were triggers that moved markets.
Consulte Mais informação »
No deal: Trump's skills face new questions after scuttling of Afghan talksTrump boasts of his negotiating skills, but a string of setbacks on the world stage could ding that image in the 2020 election
Consulte Mais informação »
NOAA issues statement supporting Trump's claim Hurricane Dorian threatened AlabamaFive days after Donald Trump said Hurricane Dorian threatened Alabama, the National Oceanic and Atmospheric Association issued a statement late Friday supporting the president's claim and chastising a local branch of the National Weather Service.
Consulte Mais informação »
Pompeo: Peace talks with Taliban canceled ‘for the time being’Secretary of State Mike Pompeo said Sunday that peace negotiations with the Taliban are off indefinitely after the Islamist militia admitted responsibility for a recent attack in which a U.S. soldier died
Consulte Mais informação »
A Trump social network readies for launchHis campaign plans to launch its own app soon, professionalizing its operation to track “the army of Trump” and keep supporters donating, volunteering and recruiting.
Consulte Mais informação »