Corporate Tax

International minimal corporate tax “will not occur”


MSCI’s ACWI ends at record level, oil hits two-year high

A measure of global equity markets closed at a record high on Monday as technology stocks treaded a deal by the world’s richest nations on a corporate tax for US tech heavyweights and oil prices jumped to two-year highs. MSCI’s global global stock index rose 0.1%, marking the sixth record close in seven days as stocks rose on expectations of an economic recovery from the coronavirus pandemic. US Treasury and Eurozone Treasury bond yields rose amid largely subdued trading ahead of a European Central Bank meeting on Thursday, the same day eagerly anticipated US inflation data is released.

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