Throughout US President Donald Trump's second term in office, traders have been betting millions of dollars just before he makes major announcements.

The BBC has found a consistent pattern of spikes in trades and finical markets just hours, or sometimes minutes, before the president's most significant market-moving statements were made public.

Some analysts say it bears the hallmarks of illegal insider trading, whereby bets are made by people based on information that is not available to the general public.

While others say that some traders have become more adept at anticipating the president's interventions.

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