Trump set to speak on pharma

Trump is set to talk about pharma at a press conference imminently.

The President wrote yesterday about a plan for prescription drugs that would shift costs to other countries. That has pharma companies struggling against a very strong tape today.

I don’t see much in the way of macro drivers in the pharma-specific comments but Trump will surely be asked about China so watch out for those comments.

This article was written by Adam Button at www.forexlive.com.