We are 30 minutes away from the end of mondays session. Little changed on the equities front. , third day,rlier best run since early october. Sterling down one quarter of 1 . Is your function. Realizederlings swings against the dollar the last 12 months have outpaced all developed market peers. It is the eighth most volatile against major emerging and advanced economies. This is ranking alongside Exchange Rates from Eastern Europe and latin america. The only other developed currency in the top 10 is the new zealand dollar, rocked by concern of an economic slowdown after the labor party formed a Government Back in october. This is turkeys economy. Faster than expected growth in the Third Quarter driven by an increase in household spending, gdp expanding 11 , beating estimates, and turkey increasing spending on everything from wages to investments to spur the economy after a failed military coup hurt the economy last year. That is turkey. This is the ramp, sticking with the emerging markets theme. The currency is in for a bumpy ride against the dollar. This week the ruling anc votes on a new leader to replace jacob zuma. Now, the most among the baskets of emerging markets currencies tracked by bloomberg. A truly global market. How is it looking over their, julie . Abigail actually, it is abigail. Small gains for the dow and the nasdaq. The dow is switching between small gains and losses. Not a lot of confidence on the part of investors. Republicans have a lot of work to get done today on tax reforms. Unfortunately, that tragedy in times square not affecting stocks. Investors think that is unlikely to affect the corporate profit outlook. We now have the s p 500 on pace for its fourth week in a row. An alltimeseen high in about a week. The s p 500, lets take a look at some of the best performers. Centurylink is up 7. 5 . Insiders have bought more than 2. 5 million shares. Centurylink was selected as the Network Provider for pennsylvania. Wynn resorts trading higher about 3 . Make changing its outlook from 7 to 13 . Tradinge 4. 6 as natural gas rallies. Natural gas on the day is up about 2 . We have a forecast for a very cold weather in the northeast, certainly helping natural gas. Take a look at gold. Gold down ever so slightly on the debut of the coin trading Bitcoin Trading on the futures market. These are considered to be alternatives to fiat currencies. Gold today not doing too much as it going bitcoin makes that debut. Lets take a look at the chart in the bloomberg, it is a longerterm chart of gold in relation to its 200 day moving average. We see that gold is caught in this range. Saws below that 200 day moving average, telling us sellers are in control. Push goldy just backed down to about 1200 or ounce, maybe even lower. Vonnie abigail doolittle, thank you for that update. Brent crude has risen to the highest since 2015 per barrel, 64. 44. Ding at a major premium there because the pipeline has closed where a crack was forming. This is disrupting crude going from fields in the north sea to terminal near edinburgh. It is reduced about 150,000 barrels per day. That is sending brent crude up to the highest since 2015. Not seeing a halo effect for wti. Mark thank you very much. The fragile brexit truce as already been tested. David davis calling the compromise over the irish border something that is not legally enforceable. The eu referring to the deal as a gentlemans agreement. Theresa may says as about the u. K. Taxpayer will soon see the benefits of leaving the eu. Turning us now is our market columnist for bloomberg gadfly. Are there doubts out there after the reactions of the news on friday . What does it tell us, the movement down in yields and sterling falling . Not read too much into the move down in gilt. Cpi coming out tomorrow will probably show that we will be below 2. 9. No letter needs to be written to mr. Carney. At the end of the year, we have one small option link on wednesday. This is a good sign the deal is holding up. The gentlemans agreement shows to my mind that despite histrionics over the weekend, this is holding. That is quite a vote of confidence in u. K. Markets. Mark he said nothing is off the table. That tends to be the labour party viewpoint on brexit. You wrote a piece last week, fear of corbyn is the biggest reason to bet on britain. What was the underlying thesis . Donald can say what he wants to, but i dont think there is much chance of him getting into power, and that is what the market is saying. If may and bring this together, it is quite clear in my mind the eu has made it clear they want to deal with her and have talked to keep things going. That is good news. Such harsh brexit doesnt look so obvious. And what point do we really start asking the question how long theresa may can last . I think this is her actually getting a windfall. She has played a very well it looks like. The cap seems united. There has been a lot of media hysteria, which labor is playing off the back of. You cannot blame them for that. Neither Northern Ireland or southern ireland want to deal with the concepts of hard brexit and the labor party. U. K. Assets are doing better. It looks like we are at least passed stage one. Vonnie what are the her favorables within the party and at large . Her favorables . Herie as in polling around leadership and sentiment. I dont think that matters at the moment. No one is going to push the button and get rid of her. Everyone seems to be coming behind her deal. It is quite clear the eu is wanting to deal with her, and they are giving her a break in that sense. Both central parties of ireland, north and south, have played their lot as far as they can, and this may not be everyones popular choice, but she is the least worst option. Commerzbank since february i need to check those. He is probably right. Mark do nothing. No chance. I dont think they will raise rates for another year or even longer. At the moment, i think the question is inflation has peaked. I think they will print around 2. 9. That means we are finally seeing mark unless sterling declines precipitously again. Or brexit does fall apart in that sense. For the moment, i think we are well set for cpi from the bank of england. Mark thank you. Nice work. Columnist for bloomberg gadfly. It is a big central bank week. Lets check in on bloomberg first word news. Taylor authorities in new york are calling todays explosion in new york a terrorist attack. The suspected attacker has been identified as a 24yearold male ullah. Ed new York Governor Andrew Cuomo called the explosion a lowtech device. Vladimir putin made a surprise visit to syria. He met with the syrian president , the first time putin has been to syria since he sent Russian Forces there. By a federal civil rights law. Justices refused to hear a case filed by a former Hospital Security guard in georgia who says she was fired because she is a lesbian. Companies such as apple and google took her side in a friend of the court brief. Saudis shutdown movie theaters in the 1980s. It was part of a wave of ultraconservativism. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am taylor riggs. This is bloomberg. Mark thank you very much. Coming up, all eyes on the debut of the coin futures bitcoin futures. This is bloomberg. New live from bloombergs European Headquarters in london, i am mark barton with the european close. 15 minutes away. Vonnie in new york, i am by when. Artificiallyes trading are officially trading. Cboe is the first Major Company to offer contracts for the cryptocurrency. Bitcoin beatn the is back. Julie we are here with the ceo of cboe, ed tilly from chicago. Congratulations on the launch. Volume is just over 3000 contracts so far. We have seen some swings in the price. How is it going from your perspective . How does it compare with what you expected . Ed it is meeting expectations in the early days. Our dedicated liquidity providers are getting comfortable turning in a new commodity in this case. It is business as usual from a launch perspective. 3000 contracts, that is a lot of our participants getting ready and scaling up. I expect to see a little change in that, those transactions over time. Julie i am curious when you talk about your participants who those are. Hearingous what youre from larger institutions, whether they are nibbling, whether they are giving indications they might be moving into the market. Ed at launch we had about 12 known to spence, registered traders. We are up to about 22. They represent various end users. You can see from 12 for the launch to 22 during the u. S. Trading day, that is a big change. I think we will see that change over the weeks to come. That some suggesting any plans to expand that . Ed not really. We are pleased with the partnership with gemini. Them knowing their users and information sharing from a regulator perspective is very important. Ours is a very trader friendly contract in that we are in different whether you are Holding Bitcoin futures or physical bitcoin. Theike that construction of contractor. Julie is there any plan in the future to offer an actual contract . Ed at this point we are pleased with the rollout. We will stick with the futures contract. I think you will see buzz around security etfs as a result. I think it will take some time, but i think that will be the next frontier in the evolution of bringing bitcoin to a broader base of users. Vonnie what other contracts might come out of this, other types of trading derivatives . Ed i think we will see derivatives. We need to get through a number of different settlements, whether it is our process with gemini or our competitors with an index. Think it will be months ahead it will be a longer process getting the sec ready for etfs and etms. Julie what about a mini contract . When youre talking about 16,000 or 18,000, that is a big piece to bite for retailers. Ed it is. There might be room for many contracts in the weeks and contracts in the weeks and months ahead. Vonnie i am interested in whales, figure out who is actually in the market and corner it somehow. How are you stating that off . Ed very difficult to do. Our information sharing with gemini allows us to have transparency into their process, and we are used to regulating futures markets. We have the cooperation of all of our users. We know our users and will have the accessibility to look back and reconstruct trades. Vonnie wont it be too late by then if a whale does appear . Ed it will be difficult. You have to instruct purchases across multiple exchanges. We have colored that option with an index. We will be looking at not only the settlement price from gemini, but that has to fit within an index of other bitcoins. That would be pretty much a global effort at this point. Julie this raises the question of clearing risk. As you know, the Futures Industry Association raised some concerns about clearing risks and what they perceived as a rush to market. What made you say the risks are worth it, we are going to go ahead, and we are going to be the first one to go ahead . What convinced you it was worth some of these risks . Ed i do think from ccps perspective, the appropriateness of the margin level was taken into account. Julie 44 . Ed i like that. The contract and limitations in and around 1000 contracts, consideration on the settlement process, from the fias perspective, i think it is a little unfair in that we have been vocal and out in the open that this has been about six months of work bringing this to market, not the overnight Self Certification that was written in the letter. This is months and months of work about six months. Vonnie you said yourself a few minutes ago that you are a reformed trader yourself. Ed recovering. Whyie im going to ask you there is such a huge premium, trading at 18,200 for a futures contract that is not even that far in the future. Ed we are looking at the premium around trying to pick a settlement price in the future, and that highly volatile underline. I think that might come in. I think arbitrage will close that gap, but it will be days and weeks. There is much to learn. I think it is a great deal from a liquidity price perspective to see what is to come in the coming days. With it beingg early days, we talked about the margin requirement at 44 , which is higher than most of the other products. Any indication that would come down if you see certain conditions met . Ed too early to predict. I think we will see underlying liquidity build. That will be some of the first steps in order to lower that margin. It is too early days. I trust the process. I believe that interaction will take some time. Vonnie do you own any . Are you allowed to . Ed i am allowed to, but i dont own any at the moment. Julie he doesnt own any of the moment. Does that mean he did . Ed no, no. Vonnie thank you to our guest ed tilly and julie hyman. Mark you can see clearly we have yields down in the u k and germany. This is bloomberg. Mark take a look at where european markets are trading as we head into the close. We have gains in london, weaker pound boosting the u. K. Benchmark, ftse 100. France lower. And datacb and bank of england including here in the u. K. , consumer Inflation InflationPrice Inflation tomorrow. This is bloomberg. Welcome to the European Headquarters in the city of london. This is the european close. Im mark barton. With vonny quinn in new york. The stocks were up earlier for a third consecutive day, best run since early november and comes after the biggest weekly gains since mid september. The index also gained for the second week in three big weeks and the Central Banks, b. O. E. , lots of data on both sides of the lot lan particular. Whats moving sterling . Well, brexit, of course. After fridays big breakthrough, tipping today, fell 2 3 above today and this is a fiveday chart going back to last monday, biggest fall since october. First weekly decline in five. R. B. C. Capital markets has the most bearish forecast among our survey of 60 or so analysts and expects sterling to tumble 11 , 119 by march. Talks with the e. U. On trade may fail to progress as quickly as the market hopes so says r. B. C. Economic data out of the u. K. May print on the weaker side which will force the market to price out the prospect of further rate increases by the bank of england, thus stopping the pound. The median First Quarter forecasts from the analysts weve surveyed is sterling to end the First Quarter. At 132. Lets get to gold because Money Managers tripling their short positions in gold last week. The fastest pace since Record Keeping began in 2006. The jump in bearish aspects come as prospects of higher rates, protests on tax legislation deepen and a slump in bullied prices and positions had fallen to a fiveyear low the previous week on north korea, u. S. Tensions un certainty under the tax bill and aiding demand as a haven. Thats gold. This is something different. A demand for hard drives and electrochemical appliances has sellenium soaring to 190 an ounce according to johnson mathy, quadrupled this year outperforming all major commodity asened may have more room to run. The rally has legs says jonathan butler, a specialist at mitsubishi, theres good industrial piing out there. And its soared 375 in the last 12 months. How is it looking over there . Vonnie i dont know what that metal looks like. But the consolidation today, the major Central Banks are meeting, more than a dozen around the world including russia, mexico, among the more interesting ones. Only the fed is expected to be hiking and you can see the dollar is not doing much before that after a couple stronger weeks, just consolidating a little, and you can see that through the yen at 113. 37. The 10year yield as well and a auction at 1130 and another one later on at 237, not Much Movement there either and the six is nice and quiet. The contact for bitcoin is 18 on the spot price, just below 18,000 which it did breach, by the way. Lets move to g. M. M. Because you can see equities around the world doing pretty well in some of the top markets, including russia where were expecting Jermaine Oneal bank move, china as well doing well and the euro is having a better day it looks like. Maybe things are settling at least for the moment in europe. Dont forget, u. S. Tax later this week. That might move markets as well. And i did want to point out once more that brent is up 1. 6 on the closure of that oil pipeline that impacts things. The company decided to close it down with the crack getting bigger. Mark the jourt look for 2018 as we head into a busy week, announcements from the fed, the e. C. B. And bank of england. Joining us is john rate, head of u. K. Rate strategy. This is your chance to disagree with the bloomberg story, u. K. Guilds rally as cracks appear. You can agree or disagree . John the signs are all is not harmonious as perhaps the cole pigs tigses would make it appear perhaps the politicians would make it appear we reached an agreement. But in the space of 72 hours there are conflicting stories about whats been agreed and how set in stone it is and what sort of wiggle room there may be and both sides are not in accord on that and safe haven demands said guilt lower as as result. Mark how does it play in the bank of england, marcus said no rate hike next year. You agree . John we do. Mark and its predicated on a soft brexit, the b. O. E. Forecast. John they talk of early agreement and smooth transition. Yes, it is progress. We wouldnt want to pretend that it isnt. If you look at the consensus for growth forecast, the bank of england, the currency, most peoples views of predicated on how brexit goes next year for obvious reasons and were on the mess mystic side of consensus which gives us weak growth forecast and bearish sterling forecast and the bank of england wont hike next year, for example and comes from a view any deal in the clarity that we need for private sector demand to remain to pick up again in the u. K. That clarity will come very late in the process. Last friday is a step in the right direction but these immediate noises that all is not well already just sort of playing into our view this will be an incredibly complex agreement to come to. Mark the b. O. E. Tick and the e. C. B. , the big move came in october but some are looking to what happens beyond september. We did a survey of economists and the majority said there will be a little tapering period. From september to december. John possibly. Mark do they guide thus week or no need . John you look at how the markets have behaved and theres not a temper tantrum action and signaled things well in advance. They have new forecasts to publish which includes forecasts for 2020 and growth revisions for breath forecasts next year and 2019 as well. Theyll be relatively up beat in that context but at this point we want to stress at them being very careful and inflation is not doing what i think theyd like it to do, certainly at the core level and will tread carefully. Will they do more after september of next year . Clearly theres a possibility theyll have to. Vonnie is there movement for the euro, john, and does it containing the equation . John were constructive on the euro and over the course of next year we see it strengthling quite materially against other g7 currencies, the dollar certainly against sterling as well and is the premise on the e. C. B. Managing to extricate itself from this sort of maximum extensive accommodation without stumbling and were positive on growth, we think bond yields rise particularly a bit further down the yield curve which is good for banks and its a pretty benign environment if that all plays out for the euronext year. We also think there is remaining Political Risk get resolved in a reasonably benign way and the potential for political upset primarily in italy wont materialize and as thats resolved some of the fiscal worries that undermine the euro will go away. Were sort of constructive on the euro for next year. Vonnie we had the greek finance minister in a little while ago marketing in greece and saying absolutely greece will be out of the Bailout Program by next august and the troicka program. Is there any danger Something Like greece might get derailed or mario draghi wont be able to fully exit as hes hoping next year because of thorns in his side . John its always a possibility and with all of these Central Banks its only when they start to unwind, the extent of the accommodation thats been in place for those emergency reasons for so long that they potentially see weaknesses in the structure as they do so. Now, as i said, were reasonably upbeat and think the e. C. B. Can follow its course of action and that growth will continue unchecked and actually in that environment the peripheral countries do pretty well next year and think peripheral spreads will continue to tighten and in fact greek debt is one in particular were positive on at the moment. Mark room to grow, gradual policy, normalization and broadening European Growth and china rebalancing and having our cake and eating it. Exmain that one first but what are the implementations, your preferred implementations around those themes . John were essentially saying with that last theme is weve got our views and there is going to be another year of growth, overall very similar to this year and the fed is going to continue on track and tighten at least another couple times next year p. Japan is going to do particularly well so we have these different views across the global economies and come up with sort of various trade recommendations across different Asset Classes to capture that. Weve also come up with trades that are aimed at performing even if that environment doesnt materialize. So for example curve flatness in the u. S. Is a good example, if the fed does state course theres been a material rise in short yields in the u. S. Of course but if they raise rates another two, three, who knows maybe four times next year and the recovery stays on track then short yields should rise, we think the flattening weve been seeing this year continues in that environment, if things go wrong and the recovery doesnt continue, either globally or in the u. S. , then 10year yields are likely to fall and we get a bullish flattening of the yield curve and trades that we hope might work. Mark in japan, given the debate, do they target above more than zero, do they shift that target . Does that happen pretty soon into 2018 . John not necessarily soon but we think at some point the extent of the control, the bank of japan puts us over that 10year will be loosened a little bit. Were pretty upbeat for japan but in terms of real growth and inflation next year, were above consensus on both of those and if things materialize in that direction, then there may come a point the bank of japan is ready to be a little bit less. Mark what would they move it to . John move it up by 10 or 15 basis points to allow things to start slowly normalizing and a bit like the e. C. B. And fed for that matter, theyll go very slowly if they do try and get away from this extreme pollackization. The u. S. Has been raising rates, first raised rates two full years ago now and its obviously taken a while to get to the point where people feel its on a more normal rate hike and projectry but they have to tread incredibly carefullyly in the process. Vonnie whats the one thing that keeps you up at night if anything and maybe youre lucky enough not to be kept up . John apart from young children, i mean, at the moment to be honest partly because its my particular focus bahama its a genuine risk to the wider recovery as well, certainly in the rest of europe, its brexit and all things brexit. And which we were discussing before, we do think there was Real Progress made last week. But theres so much further to go and in a relatively short space of time. There is a possibility that it passes off in a reasonably positive way threw but theres so many risks around that to us and we see them show signs of materializing at fairly intervals and it could get worse and presents risks to the u. K. Economy and the political backdrop but as i say, certainly for the e. U. And the youre so zone more widely as well. Vonnie wonderful stuff. Please come back and visit us ubs. John wraith, at lets check in on the first word news with taylor riggs. Taylor some terrifying moments in new york today. Police say a man wearing an explosive device set off inside the times square subway station and is under arrest and being treated for burns. Three other people were also hurt. The suspect is identified as a 27yearold. Bill de blasio called it an attempted terrorist attack, the subway station where the bomb went off is the busiest in the city. The u. S. Treasury secretary steve massachusetts nuchen released the tax plan and said it would generate 1. 8 trillion in additional revenue over 10 years and would be enough to pay for the tax cuts. Congress official scorekeeper said the cuts would add almost 1 trillion to the deficit. The largest of those wildfires in Southern California is now moving north. Hundreds have fled their homes in Santa Barbara county. So far the fire has burned more than 270 square miles and forced the evacuation of 30,000 people and is only 15 contained. And it will be another tough year for londons Property Market according to real estate website right move, home values in london are likely to fall another 2 . Bright move says economic and Political Uncertainty tend to weigh more heavily on the city. Global news 24 hours a day powered by more than 2,700 journalists and analysts in more than 120 countries. Im taylor, i . Im taylor riggs. Vonnie . Vonnie france in focus. We speak to the finance minister about the time line for president macrons biggest plans for europe. This is bloomberg. Mark in the European Headquarters, im mark barton. Vonnie and im vonny vonnie quinn. The wynn trading high at 2. 8 . Deutsche bank raised the utlook for growth for mccow mccau, sending shares higher. Back to taylor rigs. Taylor the gaming is up and looks good for the resorts. The Deutsche Bank coming out and saying they are raising the outlook for gaming revenue in mccau to 17 , above previous estimates for growth for 13 . A lot of it is being driven primarily from the v. I. P. Segment, the v. I. P. Revenue growth will now rise 21 . V. I. P. To me sounds like higher margins if you think about this rationally and the deutsche forecasts s said for wynn are coming in bullish, 16 above consensus and want to look at the ebitda, and were going 20 and would be the highest since 2014. Seen though you had a decline in revenue, its good news now youre starting to see revenue come back and these ebitda margins bounce back with it. Rk how important is macau revenues to say, las vegas . Taylor it has been declining in importance over the years. If you look, its gone to half as we look at it as half of total revenue. A few years ago in fiscal 2013 it made up 70 or so and meanwhile vegas has been about steady, coming in 28 to 36 and Revenue Growth has been tepid there. Macau revenues have been declining as the Company Looks to perhaps diversify or look for other areas of Revenue Growth so perhaps maybe this could have been a little better but im sure theyre happy about the revised forecasts regardless. Vonnie taylor riggs with our stock of the hour. Thank for you that. Rk vonnie, emanuel macrons attempts to hold the euro zone are a part of a strategy according to the finance minister and joined Francine Lacqua in paris and she asked him about the time line for president macrons ambitious plans for europe. It will take time but the key point is the goal, what do we want for the euro zone . Do we want the euro zone to remain only a Monetary Union or do we want the euro zone to become a economy continent as strong, as powerful as china or the United States . Thats exactly the goal of Emmanuel Macron and were of the view we have to go step by step. For the first step, i think we should try to reach the banking union, to reach also the Capital Markets union and to try to improve the convergence as far as corporate taxes is concerned and the view that it would be possible between france and germany to have a convergence as far as taxes is concerned by 2018, by the end of 2018. The second step should be the improvement of the European Monetary Fund, that we could try to have a European Monetary Fund which would help us to resist, the economic crisis and the last step would be the creation of a european budget with a finance minister and think it should be the last step. This is the threestep approach i have presented and that president macron wants to explain to his partners before the end of 2017. Mark bruno lemaire. Taylor time for a look at the biggest stories in the news right now. Uber has gotten a temporary repreeve in london. A judge said an appeal Court Hearing whether the company should be banned will be held in april or june. Uber can keep operating in the meantime. In september the regulators revoked their license because of safety and regulatory concerns. The struggling global retailer steinhoff is in talk with banks on a stand still agreement on a 1. 8 billion margin loan. According to people knowledgeable of the matter, the chairman wants banks to agree to not sell stocks that backs the financing until next year. Steinhoff fell 80 last week after saying it was unable to publish results. One time king of cocoa is closing his flagship hedge fund. Anthony ward is shutting down the cc plus fund which specializes in trading coffee and cocoa. Ward found it difficult to make money against al gore rhythmic traders and will start again next year. Mark the battle of the charts, come the top assets of 2017 take on the feds, well find out next, this is bloomberg. Mark time for our global battle of the charts where we look at the telling and compelling charts of the day and what they mean for investors. Can you access the charts on the bloomberg by running the function featured at the bottom of your screen. Kicking things off today, ed ludlow, his second appearance. It gets tougher on the second appearance, doesnt it, vonnie . Vonnie it does. It gets really, really hard, mark. Mark take it away, ed. Ed all the talk of bitcoin markets got me feeling sorry for the best performing assets because theyre not stealing the headlines like bitcoin is. And when you talk of bitcoin in the context of the best performers across asset shows how much of an outliar bitcoin is. The year to date against the dollar, normalized since last year, up 19 , best performing major and liquid currency against the dollar. Its the least volatile global major currency in contrast to bitcoin and all you remember when the Czech Central Bank removed measures to control the currency. Xt, i heard you talk about paladium is the best major forming commodity, 50 up year o date and is the blue line in contrast to bitcoin and the shift has been away from platinum to paladium but see them switching back to platinum. And the final contender, pepper food services, tokyo listed the restaurant up 960 yesterday but still nowhere near bitcoin and an amazing performance trailing in the wake of bitcoin. Mark find that out. Preferred foods, vonnie. Can you beat that . Vonnie ill have to present and hope for the best. Im saying it at the beginning, have a look of the chart at 3883, an interesting chart, the last two fed tightening cycles. You see this is the one that triggered the bond massacre as it was known. This one was more like the one were having now in that it was so unpredict annual and unpredictable and so forth. What is true is the dollar is in the decline. Will that happen this time . Well have to wait and see. Its an interesting question were asking, 3883. Mark so hard. Ive got this view, vonnie, that ed, hes new, he needs to taste defeat but he was so good but vonnie, you deserve victory. So im afraid its a tie. Its a tie for ed. Well done. Thats it for european markets, the european close. This is bloomberg. Vonnie it isnt in any art and 1 00 a. M. It is noon in new york and 1 00 a. M. In hong kong. I am vonnie quinn. Shery and i am shery ahn. Welcome to bloomberg markets. Vonnie from bloomberg World Headquarters in new york, here are the top stories on the bloomberg and from around the world that we are following. Bitcoins wall street debut. Futures and cryptocurrencies first 26 and its possession. Its thrusting the currency right into the realm of regulators and potentially institutional investors. The clock is ticking you can put a partial u. S. Government shutdown. Pressure continues to build as republicans try to get a winning tax bill to President Trump before the holidays. We will be heading to washington for the latest. Bigmoney, big ideas. We will hear from the ceo of book deals, a global firm with a quarter trillion dollars of assets under management. His take on tha