Death By Trade Tweet: How FX Markets Cope With ‘High-Volume Tariff News’ Days
Unfortunately, Twitter is required reading for market participants these days and not just because Donald Trump, the world's foremost cross-asset strategist, randomly tweets out material nonpublic information on everything from crude to rates to FX and leaks critical economic data an hour ahead of its official release from @realDonaldTrump, the best frontrunning resource in the history of markets.
Even if @realDonaldTrump didn't exist (if only the world would be so lucky), Twitter is a must-m
We know the US intelligence ‘community’ has spent a fair amount of effort – and perhaps still does – examining derivatives prices looking for warning signs of a possible terrorist attack (based on the airlines/9-11 connection). Maybe they should devote some effort towards looking for signs of EM front-running ahead of Trump-tweets. Who knows where that might lead. Yeah, I know……probably straight to Moscow.
SkankHunt is that you disguised as Error404??