Read full post at forexlive.com
The global minimum tax has been in the works for awhile so it’s not a surprise. I could see it impacting capital flows over time but it’s tough to see it in any tradable way, especially with so much of the implementation (and loopholes) still unknown.
Other headlines from the draft:
The irony of Biden and others pushing for more oil and gas pumping at the same time shouldn’t be lost on anyone.