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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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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Scalise Wins GOP Nomination For Speaker
House Majority Leader Steve Scalise (R-LA) has won the Republican nomination to become the next speaker of the House of Representatives. Scalise's candidacy will now be moved to the floor of the House for an all-member vote where he will require 217 votes to secure the speaker's gavel.
- Manu Raju at CNN writes on X: "Scalise wins GOP nomination in secret-ballot election to be speaker, per Rep. Issa. Says the vote was 113-99."
- The floor vote is expected to be a grueling process similar to January when former House Speaker Kevin McCarthy (R-CA) was elected speaker after 15 ballots which took place over five days.
- It is unclear if Scalise has done enough to convince the eight conservatives who voted to oust McCarthy to vote for his speakership, widely viewed as representing continuity from the leadership of McCarthy.
- The crisis in Israel might provide stimulus for House Republicans to act quickly to elect a speaker. A sustained period of paralysis in the House would deprive Congress of authority to approve security assistance - an action which would likely deepen negative voter perceptions of House Republicans.
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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.