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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
Former Vice President Mike Pence has officially launched his campaign for the 2024 Republican presidential nomination, releasing a videosaying that 'different times call for different leadership'. Pence is viewed as a long-shot for the GOP nomination given the overwhelming presence of former President Donald Trump in the run-up to the primary race getting underway in early 2024.
- Pence, a former Congressman and Governor of Indiana, could prove able to draw support from the Republican party's significant base of evangelical Christian voters. Galvinising the votes of this cohort has proved crucial for GOP hopefuls in previous elections.
- Political betting markets show Pence as a distant prospect to win the nomination. Data from Smarkets gives him a 2.0% implied probability of becoming the Republican Party's presidential candidate, trailing frontrunner Donald Trump on 66.7% implied probability.
Chart 1. Betting Market Implied Probability of Winning GOP Presidential Nomination, %
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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