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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.
US
Former President Donald Trump has regained ground in the 2024 presidential race, in the eyes of bookmakers.
- Trump's star slumped in the aftermath of a poor performance at the US Midterm Elections and an underwhelming campaign launch to such an extent that Florida Governor Ron DeSantis (R-FL) took clear favourite status..
- According to Smarkets, DeSantis remains the favourite to win in 2024 with an implied probability of 26%. President Biden is second favourite with an implied probability of 22%. Trump, however has closed the gap both with an implied probability of 14%.
- Analyst will be watching over the coming weeks to determine what influence the ongoing controversy over Biden's improperly stored government documents will have on the 2024 race.
- The prominence of the story may undermine the Democrat political case against Trump and the Department of Justice's legal case against Trump.
- There is also the possiblity that the story may serve to highlight perceived negative qualities of both Trump and Biden and add impetus to a DeSantis campaign.
Figure 1: 2024 Presidential Election Winner (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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