JPMorgan has created an index to track the effect of Trumps tweets on financial markets: 'Volfefe index'

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JPMorgan has created an index to track the effect of Trumps tweets on financial markets: 'Volfefe index'
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Donald Trump is tweeting more and it's impacting bond market volatility

Trump's market-moving tweets most often address trade and monetary policy, with keywords including "China," "billion" and "products."

President Donald Trump speaks as he receives a status report on Hurricane Dorian in the Oval Office of the White House in Washington, September 4, 2019.In fact, the president's market-moving tweets ballooned in August as he hammered China on trade and went after the Federal Reserve on interest rates.

"This makes rough sense as much of the president's tweets have been focused on the Federal Reserve, and as trade tensions are broadly seen as, first and foremost, impactful on near-term economic performance and, likewise, the Fed's reaction to such developments," wrote the authors of the J.P. Morgan report.

Most of Trump's tweets come around noon to 2:00 pm, with a 1:00 pm tweet roughly three times as likely to arrive at any other hour of the afternoon or evening, according to J.P. Morgan's report.

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