Weekly Outlook: Bitcoin, GDP, And A New Twitter Network

The week kicks off with the launch of Bitcoin futures at CME Group. The contract began trading today, and marks a major change for the cryptocurrency as it moves to a regulated exchange. Today also marks the launch of Tic Toc by Bloomberg, the first ever 24-hour streaming network on Twitter.   The monthly housing market index and housing starts reports will be released this week, and we’ll get the latest look at third quarter GDP in the United States on Thursday.

Economic Calendar

Monday

Housing Market Index 10:00 AM ET

Tuesday

Housing Starts 08:30 AM ET

Wednesday

MBA Mortgage Applications 07:00 AM ET

Thursday

GDP 8:30 AM ET

Friday

Durable Goods Orders 8:30 AM ET

Five Stories to Read

Bitcoin hits a bigger stage (Reuters)

Bloomberg launches first 24-hour streaming network for Twitter (Wall Street Journal)

How will markets respond to new appointments at the Fed? (Bloomberg)

The GOP tax bill highlights (The Washington Post)

Brexit may be costing the UK £340m per week (Financial Times)

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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