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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.
Executive Summary:
- Virginia goes to the polls today for the next round of primary elections - The 2nd and 7th congressional districts are the two crucial races to watch.
- President Biden told reporters yesterday that hoped to make a final decision on supporting a federal gas tax holiday by the end of the week. House Speaker Nancy Pelosi (D-CA) has opposed the measure since it was first touted in March and a Congressional research report concluded: “It is not clear what authorities belonging to the Secretary of the Treasury are intended to be deployed under the bills to ensure that consumers receive the benefit of the tax reduction.”
- Treasury Secretary Janet Yellen announced two collaborations with Ottawa, speaking alongside Canadian Finance Minister Chrystia Freeland, in Toronto yesterday.
- Biden ruled out a stopover in Ukraine as the President prepares for a second Euro trip for G7 and NATO summits - although that should be caveated with reference to a White House statement advising that any presidential trip to Ukraine would not be announced ahead of time for security reasons.
- 13:00 ET 18:00 BST: The January 6 select committee meets for a fourth session today, this time focusing on former President Donald Trump’s alleged attempts to pressure state officials to overturn the 2020 election.
- US Secretary of State Antony Blinken spoke with Colombian President-Elect Gustavo Petro yesterday to congratulate the former mayor of Bogota on his election victory.
- More Supreme Court rulings are expected today at the wait continues for the Supreme Court ruling in Dobbs v. Jackson - the Mississippi abortion case which may roll back the protections of Roe vs Wade.
- Poll of the Day: Donald Trump may not be quite as popular with Hispanic voters as many analysts assume.
Chart 1: View of national political figures (Economist-YouGov)
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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.
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