US President Donald Trump’s “tweet-driven” uncertainty is imposing extra costs on commodity traders, slowing their investment plans and even prompting some European houses to consider changing their working hours to align with Trump’s social media output.
Trump’s frequent messages on X and his own Truth Social platform — often sent at odd hours — have sparked volatility in commodities markets over recent weeks and left traders scrambling to react.
Richard Holtum, Trafigura’s newly appointed chief executive, said he was “semi-seriously” considering changing traders’ working hours in Geneva to 2pm to midnight.
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