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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
Senator Tim Scott (R-SC), a former Presidential candidate who withdrew from the race last year, has formally endorsed Donald Trump for president in 2024.
- Scott's endorsement is another blow to former South Carolina Governor Nikki Haley, whose narrow track to the GOP nomination is rapidly closing. Haley, who appointed Scott to the Senate in 2012, had hoped to take momentum from next week's New Hampshire primary into South Carolina, the next primary contest.
- According to data from Smarkets, Trump is now given a 93.5% implied probability of winning the nomination. A remarkably high probability which, considering the wildcard of Trump's ongoing criminal trials, suggests that betting markets see no pathway to unseating Trump via the nomination process.
- Scott has been touted as a potential Vice Presidential selection for Trump. Semafor has a rundown of likely VPs here.
Figure 1: Republican Presidential Primary Winner
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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