Bitcoin futures; Central banks; Typhoon sale

1. Bitcoin evolution: Bitcoin futures are live.Cboe Global Markets, a top U.S. owner of finan...

Posted: Dec 11, 2017 1:49 PM
Updated: Dec 11, 2017 1:49 PM

1. Bitcoin evolution: Bitcoin futures are live.

Cboe Global Markets, a top U.S. owner of financial exchanges, began offering bitcoin futures on Sunday, allowing investors to speculate on whether the digital currency's price will rise or fall.

Bitcoin itself got a lift from the new activity on the Chicago exchange. It jumped about 8% in less than 10 minutes -- to more than $15,700 -- after the trading began.

Prices zoomed past $16,600 by early Monday morning, according to data from CoinDesk.

Bitcoin is up around 1,500% so far this year, but many analysts are warning the market is a bubble.

On the futures exchange, contracts expiring next month were trading at roughly $17,500.

2. Big week for central banks: The Federal Reserve, the Bank of England and the European Central bank will each announce rate decisions this week.

The Fed promises to be the main event: Investors expect rates to go up at the final meeting chaired by Janet Yellen.

The BOE and ECB are not expected to change policy, but they might give more details on their plans for 2018.

The three central banks are now moving broadly in the same direction, raising interest rates and unwinding stimulus programs.

Central banks pumped have pumped stimulus worth $11 trillion into the global financial system since the 2008 crisis, according to JPMorgan.

3. Global market overview: U.S. stock futures were higher.

European markets opened in positive territory, while Asian markets ended their session with gains.

U.S. crude oil futures were 0.7% lower at below $57 per barrel.

The Dow Jones industrial average gained 0.5% on Friday, closing at a new record. The S&P 500 added 0.6%, notching a new high of its own. The Nasdaq gained 0.4%

Before the Bell newsletter: Key market news. In your inbox. Subscribe now!

4. Economics and companies: JOLTS labor market data for October will be published by the U.S. Bureau of Labor Statistics at 10:00 a.m. ET.

GDP growth in Turkey hit 11.5% in the third quarter, its quickest pace in six years. But there was a caveat.

"The sharp pick-up was flattered by the comparison with third quarter of last year, when output was disrupted by the coup attempt," said William Jackson, senior emerging markets economist at Capital Economics.

Shares in BAE Systems jumped 0.8% in London after the defense contractor announced it had sold 24 Typhoon aircraft to Qatar. The deal is valued at -5 billion ($6.7 billion).

Download CNN MoneyStream for up-to-the-minute market data and news

5. Coming this week:

Monday -- JOLTS job market report
Tuesday -- Fed meeting begins; U.K. inflation data
Wednesday --
Fed decision and Yellen press conference; U.K. unemployment data; OPEC oil report; U.S. inflation data
Thursday -- U.S. retail sales; Bank of England rate decision; European Central Bank decision; Costco and Oracle earnings; IEA oil report; EU summit; Black Friday retail resultsFriday -- EU Summit on Brexit

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 941120

Reported Deaths: 15315
CountyCasesDeaths
Marion1282511983
Lake633041097
Allen53609758
Hamilton43827447
St. Joseph41906590
Elkhart33545490
Vanderburgh30383448
Tippecanoe26820249
Johnson23609417
Hendricks22250341
Porter21737346
Clark17409229
Madison17366384
Vigo16108281
Monroe14466191
LaPorte14311239
Delaware14070221
Howard13865272
Kosciusko11418135
Hancock10841165
Warrick10674177
Bartholomew10542168
Floyd10430205
Wayne9959226
Grant9130204
Morgan8865160
Boone8389111
Dubois7710123
Dearborn762289
Henry7608130
Noble7413101
Marshall7362128
Cass7176117
Lawrence6957153
Shelby6584111
Jackson656785
Gibson6156107
Harrison603786
Huntington600195
Montgomery5805105
DeKalb574291
Knox5494104
Miami542488
Putnam536768
Clinton533665
Whitley524953
Steuben497268
Wabash483592
Jasper479160
Jefferson470092
Ripley454277
Adams444068
Daviess4169108
Scott405865
White391857
Clay390857
Greene388392
Decatur385296
Wells384983
Fayette374278
Posey359941
Jennings353156
Washington332047
LaGrange321375
Spencer317835
Fountain316555
Randolph312888
Sullivan307449
Owen283863
Starke280064
Fulton277553
Orange275859
Jay254837
Perry251652
Carroll243729
Franklin239338
Rush234130
Vermillion233250
Parke219820
Tipton209655
Pike207639
Blackford168334
Pulaski163551
Crawford146018
Newton144345
Benton142516
Brown135346
Martin128217
Switzerland125810
Warren114616
Union96911
Ohio79711
Unassigned0479

Ohio Coronavirus Cases

Data is updated nightly.

Cases: 1365800

Reported Deaths: 21596
CountyCasesDeaths
Franklin1522221560
Cuyahoga1344852327
Hamilton976051320
Montgomery670271141
Summit562091047
Lucas50900863
Butler47417655
Stark41580976
Lorain31567532
Warren30001331
Mahoning26963639
Clermont25628292
Lake24585417
Delaware22313145
Licking20487241
Fairfield20420221
Greene20309272
Trumbull19866509
Medina19796287
Clark17879328
Richland16314234
Portage16130229
Wood15681208
Allen14115256
Miami13786253
Muskingum12641152
Wayne11946238
Columbiana11708241
Tuscarawas10953269
Marion10725148
Pickaway10465129
Scioto10324127
Erie9747171
Ross9436176
Lawrence8755125
Hancock8458141
Ashtabula8317185
Geauga8173156
Belmont8140187
Jefferson7527172
Huron7423128
Union731851
Washington7183120
Athens697165
Sandusky6848134
Darke6756136
Knox6671122
Seneca6358137
Ashland5948113
Auglaize587188
Shelby5727101
Brown564171
Mercer557890
Defiance5483101
Madison543371
Crawford5425114
Highland541581
Fulton530683
Clinton525580
Logan512182
Preble4994110
Putnam4833106
Guernsey470364
Williams459282
Perry449852
Champaign445964
Ottawa436884
Jackson425362
Pike388843
Morrow383851
Fayette375853
Coshocton374766
Adams360675
Hardin359069
Gallia347356
Holmes3259108
Henry324668
Van Wert314670
Hocking301769
Wyandot280658
Carroll262652
Paulding242243
Meigs213942
Monroe189749
Noble169340
Morgan165829
Harrison157940
Vinton138118
Unassigned05
Fort Wayne
Cloudy
55° wxIcon
Hi: 56° Lo: 47°
Feels Like: 55°
Angola
Cloudy
52° wxIcon
Hi: 52° Lo: 46°
Feels Like: 52°
Huntington
Cloudy
55° wxIcon
Hi: 56° Lo: 47°
Feels Like: 55°
Decatur
Cloudy
55° wxIcon
Hi: 56° Lo: 47°
Feels Like: 55°
Van Wert
Cloudy
52° wxIcon
Hi: 56° Lo: 47°
Feels Like: 52°
Rain chances continue for at least the first half of Thursday before gradually tapering off.
WFFT Radar
WFFT Temperatures
WFFT National

Community Events