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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.
US
US President Joe Biden's approval rating has continued to drop amid blowback amongst progressive Democrats over his handling of the war between Israel and Hamas.
- According to FiveThirtyEight, Biden's approval rating of 38.9% is touching the lows he experienced in summer last year during the peak of concerns over energy prices and inflation.
- Axios reports that, despite broad recognition that Biden’s negotiation skills contributed to deal to hostage exchange-pause in hostilities which is expected to come into effect tomorrow, Biden has suffered political blowback domestically.
- Axios: “Publicly, the president has remained staunchly supportive of Israel… Privately, Biden ramped up pressure on [Netanyahu] over the course of 13 phone calls to [secure the deal].
- Axios concludes: “Biden's unequivocal support for Israel... may have done lasting damage to his image among progressives, young voters and Arab and Muslim Americans.”
- The Hill writes: “Democratic strategists and progressive activists say growing disenchantment among liberals, especially younger Democrats and minority voters, over the war and graphic images of Palestinian civilian casualties could hurt Democratic turnout in the 2024 election.”
Figure 1: President Biden Approval Rating
Source: FiveThirtyEight
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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