MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Higher At 7.1058 Thurs; -4.80% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1058 THURS VS 7.1048

MNI China Daily Summary: Wednesday, April 24

MNI BRIEF: China Steel Demand Q2 Limited Rebound

France Manufacturing Sentiment Reverses Year-To-Date Gains

MNI: FRANCE APR MANUF SENTIMENT AT 100

US Treasury Auction Calendar

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Biden To Bolster Cash Advantage Over Trump With NY Fundraiser

US
HomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

President Biden and former Democrat presidents Bill Clinton and Barack Obama will attend a campaign event in New York City this evening which Biden’s presidential campaign expects to bring in USD$25 million. The private event kicks off around 20:00 ET 00:00 GMT.

  • Politico reports: “More than 5,000 people are expected to hit Radio City Music Hall for the event in person, the campaign says, with thousands more watching online. The cheapest tickets start at $250 and go up to $500,000 for smaller receptions. You want a photo with all three presidents? That’ll run you $100,000.”
  • The event will further boost Biden’s huge cash advantage over former President Donald Trump who raised a comparatively small USD$20 million in February, according to campaign finance disclosures.
  • The Hill notes, "Biden’s cash advantage over Trump — currently sitting at roughly $40 million — may prove decisive in a race largely hinging on turnout and whichever campaign can effectively reach and mobilize voters."
  • FT notes: “Billionaire investor John Paulson will host a fundraiser for Trump on April 6 in Palm Beach, Florida, which is expected to gather some of the top Republican donors.”
188 words

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.

President Biden and former Democrat presidents Bill Clinton and Barack Obama will attend a campaign event in New York City this evening which Biden’s presidential campaign expects to bring in USD$25 million. The private event kicks off around 20:00 ET 00:00 GMT.

  • Politico reports: “More than 5,000 people are expected to hit Radio City Music Hall for the event in person, the campaign says, with thousands more watching online. The cheapest tickets start at $250 and go up to $500,000 for smaller receptions. You want a photo with all three presidents? That’ll run you $100,000.”
  • The event will further boost Biden’s huge cash advantage over former President Donald Trump who raised a comparatively small USD$20 million in February, according to campaign finance disclosures.
  • The Hill notes, "Biden’s cash advantage over Trump — currently sitting at roughly $40 million — may prove decisive in a race largely hinging on turnout and whichever campaign can effectively reach and mobilize voters."
  • FT notes: “Billionaire investor John Paulson will host a fundraiser for Trump on April 6 in Palm Beach, Florida, which is expected to gather some of the top Republican donors.”