MNI BRIEF: Williams Is Confident Fed Getting Inflation Back To 2%

MNI China Daily Summary: Monday, July 1

MNI BRIEF: PBOC To Borrow CGBs In Response To Market Situation

MNI BRIEF: Caixin June Manufacturing PMI Hits Three-year High

MNI: PBOC Net Drains CNY48 Bln Via OMO Mon; Rates Unchanged

Multivariate Core Trend Inflation Falls To Post-2020 Low

Bundesbank SA Suggests Core / Services Momentum Slowing

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI POLITICAL RISK - Schumer Moves On $106b NatSec Supplemental

US
  • Senate Majority Leader Chuck Schumer (D-NY) has announced his intention to legislate President Biden’s USD$106 billion national security supplemental funding package in its entirety next week. Schumer likely believes that by moving first he can ratchet-up pressure on inexperienced House Speaker Mike Johnson (R-LA) and squeeze Senate negotiators to reach a compromise on the US-Mexico border.
  • President Biden told reporters yesterday that he would support an extension of the truce between Israel and Hamas, “as long as prisoners keep coming out,” but cautioned, “this is a day-by-day approach, hour-by-hour process.”
  • Biden has returned from Thanksgiving with a new message on 'Bidenomics'. Today he will announce measures to bolster supply chains which the White House argues will address a primary driver of inflation – Biden’s most critical political vulnerability.
  • A record number of Congressional retirements appears more likely to favour Republicans than Democrats.
  • Federally indicated House Rep George Santos (R-NY) has acknowledged his likely impending expulsion from Congress.
  • Secretary of State Antony Blinken arrives in Brussels today for two-days of meeting designed to drum up support for Ukraine and discuss the NATO summit in July.
  • Argentina’s president-elect, Javier Milei, is in the United States for meetings with US Treasury officials, the White House, and the IMF.
  • Poll of the Day: Biden’s polling slump sees him lose ground against President Trump in 2024 hypotheticals matchups.
Full article: US Daily Brief
Metals bulletEM BulletHomepagePolitical Market NewsCommoditiesEmerging Market NewsEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets
Metals bulletEM BulletHomepagePolitical Market NewsCommoditiesEmerging Market NewsEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.