Donald Trump's social media company is reportedly pitching Wall Street firms a $100,000 monthly fee for the fastest access to his Truth Social posts, with a discounted $60,000 option for three-year plans. The "Truth API" service, launching August 1, aims to monetize the significant market impact of Trump's statements, which have previously caused sharp movements in US indexes. High-frequency trading firms seek this speed advantage, as even milliseconds can yield substantial gains. This development highlights a new source of market volatility, potentially influencing global investor sentiment and the US dollar, which could indirectly affect international gold prices and USD/PKR rates.
بحوالہ / Source: www.brecorder.com