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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
Former US President Donald Trump is expected to formally announce a run for a second term as president from his Mar-a-Lago resort in Florida at 21:00 ET 02:00 GMT today.
- Trump wrote on his social media network, Truth Social yesterday: “Hopefully, tomorrow will turn out to be one of the most important days in the history of our Country!”
- The announcement will come during a period of intense introspection within the GOP over the future direction of the party. Politico writes that although “abortion rights played an important role in altering the dynamics of the 2022 election,” the midterm elections were a “story of an election where Donald Trump torpedoed his party.”
- Since the midterm elections, Trump has seen a significant collapse in support amongst moderate Republican lawmakers who have blamed an underperformance at the ballot box on Trump's hand-picked candidates in key races.
- Trump has also seen his support amongst Republican-leaning voters migrate to Florida Governor Ron DeSantis (R-FL) - seen as one of the big winners of last week's midterms and now favourite to take the GOP nomination.
Chart 1: Implied Probability of Taking GOP 2024 Nomination, % (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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