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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.
UK
UK PM Boris Johnson is set to deliver a statement to the House of Commons regarding a report into gatherings held in Downing Street in 2020 and 2021 in breach of the COVID lockdown rules in place at the time.
- Link to livestream can be found here.
- PM Johnson under major pressure as a result of the long-running scandal that has dominated front pages at a time when the gov't would have been hoping to reap the political rewards of largely overcoming the Omicron COVID wave without a nationwide lockdown.
- The release of the heavily redacted report has not shifted betting markets, with Johnson still seen as cumulatively most likely to leave office in 2022, although Q222 now seen as the most likely time for him to leave office this year (see chart below).
Chart 1. Implied Probability of PM Johnson Exit Date, by Quarter, %
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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