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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.
ITALY
Political betting markets show Prime Minister Mario Draghi as the clear favourite to take over the presidency in the 24 January parliamentary vote.
- Data from Smarkets shows Draghi with a 56.5% implied probability of becoming president according to bettors. Marta Cartabia, current Minister of Justice and former President of the Constitutional Court, is second-favourite, with an 8% implied probability of becoming the next president.
- The favoured candidate of the centre-right and right, former PM Silvio Berlusconi, sits in third place with a 7.7% implied probability of becoming president. While he has the support of legislators on the right, those in the centre and on the left are staunchly opposed to the prospect of a Berlusconi presidency, making it difficult for the media magnate to secure a majority in favour.
Chart 1. Implied Probability of becoming next President of Italy, %
Source: Smarkets.
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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