Weekly Outlook: New Fed Chair and Tax Plan

After a week heavy on economic news — including a new jobs report, new Fed chair and new tax proposal from the U.S. Congress — this week looks to be slower in terms of releases and announcements. News may come from abroad, where President Trump is travelling with business leaders in Asia.

Economic Calendar

Monday

New York Federal Reserve Bank President William Dudley Speech 12:10 PM ET

Tuesday:

JOLTS 10:00 AM ET

Wednesday

EIA Petroleum Status Report  10:30 AM ET

Friday

Consumer Sentiment 10:00 AM ET

Five Stories to Read: 

How will markets respond to the GOP tax plan? (CNBC)

How does bitcoin compare to gold and fiat currencies? (CME Group)

Where OPEC thinks oil prices should be (Bloomberg)

What has to go right for the farm bill to pass (Bloomberg Businessweek)

Lumber futures are telling an economic growth story (MarketWatch)

 

OpenMarkets is an online magazine and blog focused on global markets and economic trends. It combines feature articles, news briefs and videos with contributions from leaders in business, finance, economics and politics in an interactive forum designed to foster conversation around the issues and ideas shaping our industry.

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