MNI China Daily Summary: Tuesday, December 31

MNI China Press Digest Dec 31: PBOC, Panda Bonds, EVs

MNI: PBOC Net Injects CNY93.6 Bln via OMO Tues

CHINA DEC MANUFACTURING PMI 50.1 VS 50.3 IN NOV

MNI: PBOC Sets Yuan Parity Lower At 7.1884 Tues; -2.65% Y/Y

MNI: China CFETS Yuan Index Down 0.13% In Week of Dec 27

MNI:US OCT FHFA HPI SA +0.4% V +0.7% SEP; +4.5% Y/Y

MNI: US REDBOOK: DEC STORE SALES +5.5% V YR AGO MO

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Biden Targets Union Vote In Detroit Amid Criticism Of Gaza Strategy

US

President Joe Biden will deliver remarks at a private campaign event in Detroit, Michigan today. Biden's appearance is intended to solidify the union vote in the wake of last week's endorsement from United Auto Workers boss Shaun Fain and head off discontent with amongst Michigan voters over Biden's unconditional support for Israel.

  • Biden won Michigan by a thin 154,000 margin in 2020 and the Arab community - amongst the largest in the country - may be crucial to Biden's chances of re-election in November.
  • The Washington Post reports: "Michigan’s Arab and Muslim community overwhelmingly supported Biden in 2020, and the loss of their support in significant numbers could complicate his chances of reelection. Biden has few, if any, paths to a second term without winning the state."
  • CNN notes: "Biden’s campaign has been struggling to find Arab American leaders who are even willing to meet with campaign officials. Multiple local leaders in Michigan declined invitations to meet with Biden campaign manager Julie Chavez Rodriguez..."
  • On the union vote, CNN reports that Biden, "met with Teamsters union leaders and workers in Washington on Wednesday as he tries to make inroads," with the vital voting bloc which endorsed candidates other than Trump in 2016 and 2020.
HomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
HomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.