The influence of tweets of Trump on the market now has its index

How many times, by strumming just a few of the dozens of signs on the keyboard of his smartphone, Donald Trump does he have weighed on the price of crude oil, t

The influence of tweets of Trump on the market now has its index

How many times, by strumming just a few of the dozens of signs on the keyboard of his smartphone, Donald Trump does he have weighed on the price of crude oil, the dollar or the Dow Jones? The analysts of the american bank JPMorgan are convinced: the tweets of us president are "increasingly moving rate of the u.s. debt on the market, just after their publication."

Since entering the White House, Donald Trump has made his Twitter account, followed by over 64 million subscribers, one of its principal weapons of communication.

" READ ALSO - Trump or the art of governing by tweet.

Also the experts of JPMorgan have they tried to measure the real influence of tweets of presidential markets. The bank Citigroup is also trying to assess the weight of the moods trumpiennes on the foreign exchange market, reports Bloomberg. Over 4000 tweets in 2018 and 2019, 146 have had a real effect on the course, according to JPMorgan.

The presence of the keywords "China", "billion", "dollars" or "products" appears to trigger the most reaction from the traders. JPMorgan has named "index Volfefe" his barometer of the financial mood trumpienne. The expression is a contraction of the word "volatility" and of the word, it seems, of his invention, "covfefe", that Trump has used in two tweets in may 2017.

Fully aware of the power of his tweets, the host of the White House sometimes seems to use it only for the purpose to move the markets, that it monitors on a daily basis.

Updated Date: 13 September 2019, 00:00

Kathleen Lees

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