Key insights
- A Trump Truth Social post regarding Iran negotiations and a ceasefire correlated with a jump in S&P futures. An earlier, typo-containing version of the post preceded the price movement by approximately 20 minutes. This raises questions about potential information leaks or market manipulation, influencing risk sentiment and potentially impacting US equity markets.
Could someone explain what I'm missing here? Trump's Truth Social post where he reports negotations with Iran and a ceasefire (of sorts) unsurprisingly is linked with a big jump in the price of S&P futures - but the jump seems to have happened 20 minutes before he made the post.
(can't post a Truth Social link here but it's pretty easy to find)
edit: apparently a version with a typo was posted about 20 minutes before a correction, hence the confusion. still, it's hard to imagine there are no ulterior motives for all this vague sentiment signalling back and forth