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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.
US
US President Joe Biden has seen his approval rating drop dramatically as survey's begin to trickle in based upon data collected since the story that Biden improperly stored classified documents broke earlier this month.
- According to RealClearPolitics, Biden's aggregated net approval has dropped nearly three percentage points since last week, from -7.6% to -10.5%.
- The document controversy has erased much of Biden's strong start to 2023 and reversed a trend of rising approval which Biden has enjoyed since the better-than-expected Democrat performance at the US Midterm Elections in November.
- The Biden controversy may re-open the door for former President Donald Trump after he was seen as losing favourite status to Florida Governor Ron DeSantis (R-FL).
- A Republican operative told the Hill that the Biden document story "...takes a lot of pressure off of [Trump], because Republican voters start to remember that whatever the Democrats accuse Trump of, the Democrats are doing themselves. For Republican primary voters, that’s a big thing.”
Figure 1: President Biden Approval Rating (Real Clear Politics)
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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