Free Trial
USDCAD TECHS

Impulsive Rally Extends

US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Price Is Below The 50-Day EMA

US

Late Corporate Credit Update

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Generic Ballot Tightens After Strong July For Democrats

US

The generic Congressional ballot, which asks respondents to make a binary choice between Democrats and Republicans on a hypothetical midterm ballot, has tightened to within 1% for the first time since January.

  • According to Real Clear Politics, the margin is now .9% in Republican favour.
  • The strong performance is likely due to a productive month for Democrats in Congress where progress was made on a number of high priority legislative items including a reconciliation bill with provisions for climate and taxation and the CHIPS Plus Science bill to stimulate the domestic tech industry.

Figure 1: Generic Congressional Ballot (Real Clear Politics)

100 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The generic Congressional ballot, which asks respondents to make a binary choice between Democrats and Republicans on a hypothetical midterm ballot, has tightened to within 1% for the first time since January.

  • According to Real Clear Politics, the margin is now .9% in Republican favour.
  • The strong performance is likely due to a productive month for Democrats in Congress where progress was made on a number of high priority legislative items including a reconciliation bill with provisions for climate and taxation and the CHIPS Plus Science bill to stimulate the domestic tech industry.

Figure 1: Generic Congressional Ballot (Real Clear Politics)