This Friday the monthly unemployment numbers will be announced. The Jobs Report is always the biggest indicator for what direction the rates will take for the next 30 days. If the number is strong look for rates to rise and tapering talk to escalate. If the number is weak look for tapering talk to be pushed back and rates will fall. If the number is in line with expectations look for rates to remain stable for the next 30 days.
Below are the other economic indicators coming out this week:
Monday, December 2: ISM Index
Wednesday, December 4: ADP National Employment Report; New Home Sales; Beige Book
Thursday, December 5: Initial Jobless Claims, Gross Domestic Product (GDP); GDP Chain Deflector
Friday, December 6: The Jobs Report; Consumer Sentiment Index (UoM)