Two of the largest Wall Street banks are trying to measure the market impact of Donald Trump’s tweets.
Analysts at JPMorgan Chase & Co. have created an index to quantify what they say are the growing effects on U.S. bond yields. Citigroup Inc.’s foreign exchange team, meanwhile, report that these micro-blogging missives are also becoming “increasingly relevant” to foreign-exchange moves.
Credit: www.bloomberg.com/news
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