© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
GBPUSD TECHS

Inside Range

US TSY FUTURES

BLOCK, 10Y Ultra Sale

EURUSD TECHS

Looks Through ECB to Finish Flat

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

Pres Biden's Approval Slide Continues Ahead Of Week Of Summits

US
Political Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed IncomeForeign Exchange

US President Joe Biden has seen his approval rating continue to slump ahead of a key week of summit in Europe.

  • According to Five Thirty Eight's presidential approval tracker, Biden now sits at 39.2% approval and a marked downward trajectory can be clearly observed on the chart plotting approval over time.
  • Biden departs this weekend for G7 and NATO summits in Europe. G7 and NATO leaders at the summits will continue to lay the blame for inflation and energy prices at the door of Russian President Vladimir Putin but that is unlikely to bolster Biden's approval as polls suggest that the electorate blames Biden administration for rising fuel prices.
  • More pertinent might be the fallout from today's Supreme Court ruling. Democrat strategists and analysis will be closely monitoring polls to see if a reframing of the midterms as a referendum on abortion will simulate increased approval of the president.

President Joe Biden Approval RatingFive Thirty Eight

172 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

US President Joe Biden has seen his approval rating continue to slump ahead of a key week of summit in Europe.

  • According to Five Thirty Eight's presidential approval tracker, Biden now sits at 39.2% approval and a marked downward trajectory can be clearly observed on the chart plotting approval over time.
  • Biden departs this weekend for G7 and NATO summits in Europe. G7 and NATO leaders at the summits will continue to lay the blame for inflation and energy prices at the door of Russian President Vladimir Putin but that is unlikely to bolster Biden's approval as polls suggest that the electorate blames Biden administration for rising fuel prices.
  • More pertinent might be the fallout from today's Supreme Court ruling. Democrat strategists and analysis will be closely monitoring polls to see if a reframing of the midterms as a referendum on abortion will simulate increased approval of the president.

President Joe Biden Approval RatingFive Thirty Eight