Biden’s wealth tax and renewable energy plan moving markets

Biden’s wealth tax and renewable energy plan moving markets

Two major announcements coming from the Biden administration have had a significant effect on Thursday trading. The first announcement, centered on the US’s renewed focus on clean energy, had a hard time countering the second announcement, regarding a hike in capital gains tax rate. Consequently, some sectors related to clean-tech are up, while the market as a whole closed down.

Read the full story at fxstreet.com

spx

Economic Calendar

Most Traded

Trading Opportunities

Pound’s wild rebound baffles traders

Gold traders – White House to speak on China shortly

Dollar dips, Fed eyes cut | FX Research

Gold breaks $4,100 as JPMorgan’s Dimon hints at $10K potential

Limited offer:

Get Free

The TraderKeys keyboard can take your gold trading to the next level, with preprogrammed hot keys enabling you easily execute and modify trades.

Join Now