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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.
UK
Political punters have piled into bets for 2022 to be the exit year for Boris Johnson as UK prime minister following today's revelation about further COVID lockdown-breaking gatherings at Downing Street in 2020.
- Implied probability of 2022 being the year Johnson leaves office spiked to 49.5% at the time of writing, up from 33.8% on 10 January. The implied probability of his leaving office in 2024 or later (at or beyond the next general election) has fallen from 42.7% to 38.9% in the same time period.
Chart 1. Betting Market Implied Probability of Year Boris Johnson Leaves Office, %
Source: Smarkets
- The gov't faces an urgent question from the opposition Labour Party in the House of Commons at the bottom of the hour related to today's revelation. Paymaster General Michael Ellis set to answer on behalf of the gov't. Link to livestream can be found here.
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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