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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 continues his week of European summits with another slate of G7 meetings in the Bavarian Alps today. Over the weekend G7 leaders announced a ban on Russia gold and discussed the US proposal of a price cap on Russian oil. Today, or tomorrow, the G7 leaders will announce a new package of sanctions against Russia.
- Secretary of State Blinken held a call with his Turkish counterpart as the Turkish blockade of the NATO membership bids of Sweden and Finland continues to cast a shadow over the June 29-30 NATO summit in Madrid.
- G7 leaders have announced the revival of the Partnership for Global Infrastructure Initiative (PGII) aimed at countering the Chinese infrastructure project – the Belt and Road initiative. Biden said: “This isn’t aid or charity. It’s a chance for us to share our positive vision for the future..."
- The office of the United State Trade Representative has confirmed that the US will hold trade talks with Taiwan today under a newly agreed framework.
- The Iranian foreign ministry has confirmed that a new round of talks on the Iran nuclear deal will take place this week in Qatar.
- The weekend saw fallout from Friday’s Supreme Court ruling on Dobbs vs Jackson’s Women’s Health. We have a roundup of the political ramifications of the SCOTUS ruling.
- Poll of the Day: The approval rating of President Biden continues to slide as the threat of recession looms and inflation weighs on the President.
President Biden Approval RatingFive Thirty Eight
Please find the full article attached below:
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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