Trump hints at strong jobs report ahead of its release

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US President Donald Trump is under fire again, this time for posting a tweet hinting at strong employment figures shortly before the release of a report containing the official data.

More good news for the American economy: New jobs numbers show the unemployment rate is now down to 3.8 percent, the lowest it's been in 18 years.

President Donald Trump will likely take credit for the new numbers released Friday.

"He chose to tweet, his tweet basically said like everybody else we await the job numbers", Kudlow said.

If one can draw a postive inference from the fact that the President tweeted a "heads-up" an hour in advance of the jobs report, what conclusion will traders reach if he fails to do so in the future, and what impact will that have on markets? After Trump's tweet, the two-year Treasury yield climbed one basis point, while the dollar stayed flat.

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Despite the backlash, D'Souza is scheduled to speak at a two-day event next month sponsored by the Republican Party of Florida. Trump told reporters Thursday that no one asked him to pardon D'Souza, whose case had become a cause in conservative circles.

The U.S. added 232,000 jobs in May, which was much stronger than the 190,000 expected by economists.

But it led to an outcry from Democrats and Republicans, particularly veterans of past White House teams, who said the restrictions in place are meant to both prevent the politicization of these reports and leaks of market-moving information.

Industrial production recorded its third straight month of gains, while more than three out of four manufacturers reported hiring more workers and investing more in plants and equipment. Obama said then: "Tomorrow, we're expecting another dismal jobs report". He suggested that Trump "should never get" an advance briefing on future reports, a comment that drew tweets of criticism from Trump supporters.

Government economists assemble the job report with great care and secrecy because policymakers and analysts depend on the data to make decisions that affect financial markets and countless lives.

As per the age-old practice, the Bureau of Labor Statistics releases the jobs report on the first Friday of every month.

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A little controversy improves ratings, but supporting your star when she makes blatantly racist comments is just bad press. Similarly, when Barr's onscreen son Michael Fishman condemned her behaviour, she wrote back, "You throw me under the bus".

Chris Lu, a former deputy secretary for the Labor Department under Barack Obama, noted the president's tweet was a "comment that violates" the directive. The information is protected so carefully that the chairman of the White House Council of Economic Advisers receives it only the afternoon or evening before its release. The May jobs report brought another curious decline in the share of Americans working or looking for a job, with the labor force participation rate edging down to 62.7% from 62.8% in April. "Before Twitter, the fixed-income desks across Wall Street often used snap press conferences in the Rose Garden on NFP Fridays as a sign of whether or not the jobs number would beat estimates".

"You can read into that 10 different things", Kudlow said.

Tony Fratto, a former Treasury and White House official in the George W. Bush administration, objected on Twitter to the assertion by former Obama administration economic official Austan Goolsbee that Trump had divulged classified information.

"The May jobs report revealed impressive strength and breadth in US job creation that blew away most economists' expectations", said Scott Anderson, chief economist at Bank of the West.

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But if there are no exemptions, she said , "We will respond in an intelligent, decisive and joint way", Merkel said in Lisbon. The U.S. said the exemptions granted Canada and Mexico were linked to the ongoing NAFTA negotiations.

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