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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.
SCOTLAND
Scotland's First Minister Nicola Sturgeon is set to resign from office. BBC: "The Scottish National Party leader is expected to make the announcement at a hastily-arranged news conference in Edinburgh.
It is not clear exactly when she will leave office." Due to speak at 1100GMT (0600ET, 1200CET).
- Sturgeon has served as first minister since 2014. Recent polling has shown dissatisfaction with her left-wing populist pro-independence Scottish National Party (SNP)'s handling of the devolved govt' departments it controls, with healthcare shown as the most pressing issue for respondents above independence in one recent poll.
- Sturgeon has proved a divisive leader, gaining ire from opponents who argue she put the fight for Scottish independence above the effective day-to-day running of gov't, while winning plaudits from nationalists and unionists for her effective communication technique.
- Betting markets see former SNP Westminster leader Angus Robertson as favourite to take over, although the market remains relatively illiquid at present.
Chart 1. Betting Market Implied Probability of Becoming Next Scottish FM, %
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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