Hungary parliament panel reiterates opposition to global minimum tax
BUDAPEST (Reuters) – Hungary’s parliamentary economic affairs panel on Monday reiterated the ruling Fidesz party’s opposition to a global minimum tax in a row that has triggered conflict with the United States and put pressure on the forint. Hungary, already locked in a rule-of-law debate with the European Union that Continue Reading
King Dollar, Twitter Sues Musk, China COVID Spread – What’s Moving Markets
By Geoffrey Smith Investing.com — The dollar surges to a new 20-year high, supported by Friday’s jobs report. Twitter hires a crack legal team to squeeze a $1 billion break fee out of Elon Musk after he abandoned his $44 billion takeover offer. Stocks are set to open lower, bracing for another Continue Reading
Oil Down over Demand Concerns as China Sees New COVID-19 Outbreaks
COVID-19 variant. Brent oil futures fell 0.54% to $106.44 by 12:52 AM ET (4:52 AM GMT) and crude oil WTI futures Crude Oil WTI 102.48-2.31 (-2.20%)08:41:12 – Real-time derived data102.7804:0006:0008:00104.00103.00102.50103.50 Technical Summary5 Min:Strong SellHourly:Strong SellDaily:Strong SellMonthly:Strong BuyWhat is your sentiment on Crude Oil WTI? or declined 0.87% to $103.88. Both contracts posted weekly declines last week as Continue Reading