Free Trial
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
Former Chancellor Rishi Sunak's campaign to lead the Conservative party and become the next UK PM has gained extra momentum this morning with the official launch of his campaign coming alongside the endorsement of Justice Secretary and Deputy PM Dominic Raab, as well as Transport Secretary Grant Shapps, who has suspended his own campaign for the leadership.
- Earlier, hard-line Brexiteers and loyalists to outgoing PM Boris Johnson, Culture Secretary Nadine Dorries and Minister for Brexit Opportunities and Gov't Efficiency Jacob Rees-Mogg both announced their backing of Foreign Secretary Liz Truss.
- Betting markets have Sunak as favourite to become the next leader, with a 37% implied probability of becoming leader on Smarkets, ahead of second-placed Trade Minister Penny Mordaunt on 27%. Mordaunt received a boost yesterday when a Conservative Home poll of Conservative members had her as the favourite among the grassroots.
Chart 1. Betting Market Implied Probability of Next Conservative Leader, %
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok