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Strong close, weak month

Strong close, weak month

Thailand axes 15% crypto withholding tax plans following pushback

  • World stocks staged a modest rebound as traders put aside concerns about interest rate rises and the crisis in Ukraine to dip back in, but global #equities are still headed for their worst January since 2016 after a bruising month
  • Thailand has axed plans to levy a 15% tax on cryptocurrency transactions following pushback from the country's #crypto traders
  • #AMD's $35 billion all-stock deal for #Xilinx is now expected to close this quarter after more than a year of delays
  • #XAUUSD rose 0.5%
  • #EURUSD rose 0.7%
  • #AUDUSD jumped 1%

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