Jobs Report Week! What Impact Will it Have on Rates?

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.

jobsnew

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)

Advertisements

1 Comment

Filed under Interest Rates

One response to “Jobs Report Week! What Impact Will it Have on Rates?

  1. Penny Mahone

    This is very interesting and educational information that I would suspect most people don’t know, but should. Thank you for enlightening me with this material!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s