President Donald Trump tweeted early on Friday that he was “looking forward” to the May jobs report.
This unusual move may have signaled to some traders that the report was good.
Gold extended its declines, while bond yields moved higher after Trump’s tweet.
At 7:21 a.m. ET on Friday, Trump said he was “looking forward to the employment numbers at 8:30 this morning.” The president and other senior members of his administration are privy to the numbers a day before their release, but a Bureau of Economic Analysis rule bars executive branch employees from commenting until an hour after their release.See the rest of the story at Business Insider
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