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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Executive Summary:
- President Biden’s flagship legislation, Build Back Better, may be set to return following a breakthrough in negotiations between Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV).
- NEC Director Brian Deese has responded to criticism that a Biden meeting with Saudi Crown Prince Mohammad Bin Salman would contravene the values of the administration.
- President Biden will make a decision on China tariffs and hold a call with Chinese President Xi Jinping “soon”.
- Senators Bob Menendez (D-NJ) and Lindsey Graham (R-SC) have introduced a bill which proposes a comprehensive restructuring of US policy towards Taiwan - a proposal may further damage the Sino-US relationship.
- Rep. Adam Schiff (D-CA) has provided a preview of tomorrow’s January 6 Committee instalment: “We’ll show evidence of the [former] president’s involvement in this scheme. We’ll also, again, show evidence about what his own lawyers came to think about this scheme.”
- Senior Biden administration officials continue to argue that recession is not inevitable.
- The US State Department has released a statement following Sunday’s election of leftist Gustavo Petro in Colombia.
- Poll of the Day: The approval rating of President Biden dipped in the 30s for the first time last week as the pressures of inflation and the prospect of recession continue to weigh heavily on the president.
Figure 1: President Biden Approval Rating (Five Thirty Eight)
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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