Scheduled financial news is assembled and released, at the appointed time, by government bureaucrats.
NFP, for example is done by the US Dept. of Labor.
There is no doubt in my mind that some of these people have arranged to position themselves in the market, prior to the releases.
If there was a way to detect what they do and how they do it, it would be very profitable.
If you were a bureaucrat in the "know", and were absolutely certain of the numbers for next weeks NFP, how would you capitalize on it without getting caught?
NFP, for example is done by the US Dept. of Labor.
There is no doubt in my mind that some of these people have arranged to position themselves in the market, prior to the releases.
If there was a way to detect what they do and how they do it, it would be very profitable.
If you were a bureaucrat in the "know", and were absolutely certain of the numbers for next weeks NFP, how would you capitalize on it without getting caught?