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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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Free AccessMNI US MARKETS ANALYSIS - Curve Steeper Ahead of JOLTS
MNI US OPEN - Censure Motion Against France Gov't Due Today
As expected, PM Pedro Sanchez failed to.......>
SPAIN: As expected, PM Pedro Sanchez failed to gain enough support in the first
investiture vote held in the Spanish parliament on 5 January.
- Sanchez's centre-left Spanish Socialist Workers' Party (PSOE) and its allies
gained 166 votes in the first investiture vote, short of the 176 needed for an
absolute majority in the Congress of Deputies. 165 deputies voted against
Sanchez, with 18 abstentions and one absentee.
- Nevertheless, with the Republican Left of Catalonia (ERC) and EH Bildu parties
set to abstain on the second investiture vote on 7 Jan, Sanchez looks set for
victory. Only a simple majority is required in the second vote, and if the first
vote is replicated Sanchez will be confirmed by a single-vote margin.
- The PSOE will sit in coalition with the far-left Unidas Podemos (UP), the
Basque Nationalist Party, and several small left-wing regionalist parties.
- Even with all these parties combined, the coalition will still be short of a
majority in the Congress of Deputies, meaning that the gov't will rely on
support from the ERC to pass legislation. This in turn will require some
concessions to Catalonia from Madrid.
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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.