Free Trial

MNI POLITICAL RISK ANALYSIS – US Daily Brief 07-07-22

Executive Summary:

  • Secretary of State Antony Blinken will meet with his Chinese counterpart Wang Yi on the margins of the G20 in Bali today. He is hoping to start dialogue with Wang to establish a US-China "playbook" to prevent "competition" from escalating into "confrontation."
  • The G20 ministerial will not have the same convivial spirit of the G7 and NATO in Europe. The summit will include Russian Foreign Minister Sergei Lavrov and a number of leaders from "Western-sceptic" nations.
  • Senate Majority Leader Chuck Schumer (D-NY) summitted the initial text of a new reconciliation bill to the Senate parliamentarian yesterday.
  • In response, Senate Minority Leader Mitch McConnell (R-KY) doubled down on his threat to block the bipartisan CHIPS bill.
  • The margin between Democrats and Republicans on the generic congressional ballot is now the tightest since January 19.
  • The FBI and British MI5 have issued a joint warning against Chinese corporate espionage and hacking.
  • The US State and Treasury Departments have issued a raft of new sanctions on companies involved in the trade of Iranian oil ahead of President Biden's trip to meet Gulf oil producers.
  • Poll of the Day: “Biden is the most unpopular president ever at this point in his term.”

Presidential Approval G. Elliott Morris (Twitter)


Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS – US Daily Brief 07-07-22 .pdf

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.