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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.
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Free AccessMNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks
MNI BRIEF: China Sees Progress On EU EV Deal
With PM Philippe's resignation (see..........>
FRANCE: With PM Philippe's resignation (see 0834BST bullet) speculation now
surrounds who could replace him and his gov't. Announcement expected in the
coming hours.
- From Elysee statement: "Mr Edouard Philippe has handed in the resignation of
the government to the president of the republic, who has accepted it. He will
ensure, with the members of the government, the management of current operations
until the nomination of the new government," meaning Philippe will remain in
post until a new gov't is formed.
- A Cabinet reshuffle had been widely expected, with President Macron seeking to
reinvigorate his presidency, stung by low approval ratings, in the wake of the
COVID-19 crisis and the gillets jaunes protests.
- Philippe, prior to joining Macron's En Marche party was a member of the
centre-right Les Republicains. Macron could appoint a more centrist PM to try to
broaden his base of support.
- The move comes with risk. During COVID-19 crisis Philippe's stock has risen in
public eye. To replace a popular PM could see Macron's support decline further.
To read the full story
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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.