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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
A new surveyfrom Gallup has found that President Biden’s approval rating amongst Democrats has dropped 11% in the last month - a huge cratering of approval which appears to have been prompted by Biden's response to the war between Israel and Hamas, which some Democrats believe has failed to advocate sufficiently for Palestinian civilians.
- Gallup notes: “Biden has faced criticism from some members of his party for aligning too closely with Israel and not doing enough for the Palestinians. Some prominent Democratic lawmakers and protesters around the U.S. have called for Biden to do more to help the millions of Palestinians who are in need of humanitarian aid…”
- Axios reports: “Biden is at risk of alienating members of his own party with his unequivocal support for Israel…” Noting that, “An annual Gallup poll conducted in February found that Democrats sympathized more with Palestinians than Israelis for the first time in the survey's two-decade history.”
- The polling data which be of concern for the White House and may compel Biden to consider making a public call for a ceasefire. A move which he has so far avoided, instead choosing to endorse Israel's right to defend itself however it sees fit and advocating for more limited "humanitarian pauses."
Figure 1: Biden Approval Rating, September vs October 2023
Source: Gallup
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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