Daily News | Trump’s taxation plans

We are at the start of this week in global binary options trading, with plenty of great opportunities out there to really help you out on the market. We have, of course, picked the juiciest of potential trade-related news stories, starting with the euro. From Thursday to Friday, the currency fell from $1.0757 to $1.0695. This drop occurred just as German Finance Minister Wolfgang Schaeuble reaffirmed that he was not worried by potential corporate tax rates cuts in the States. In fact, he stated that this tax was the highest in the world and that any cuts would be a boon for the European single market. But he was, however, against a systemic change in the way that corporations are taxed. We will continue to monitor this situation in the future, but we now turn to the States and take a closer look at President Trump’s proposed taxation changes. In the same period, the currency rose from €0.9296 to €0.9349. Many were in fact worried that this new taxation plan by the president would cause some short term issues. However, the plan would also pay for itself, when viewed through a dynamic scoring. But for that, we will have to wait and see. Follow us tomorrow as well, when we dive even deeper into the world of currency trading.

Daily News | Need a relaible trading partner?

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Author: Max Rothstein

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