Agenda
| Time | Indicator/Event | Comment |
| 00:00 | Monster employment index | Very soft |
| 08:30 | Jobless claims | Stable at a high level? |
| 08:30 | Continuing claims | Stable at a high level? |
| 09:15 | Lockhart (FOMC non-voter) | At energy conference |
| 10:00 | Factory orders | Sharp declines across the board |
| 10:45 | Evans (FOMC non-voter) | At Michigan Bankers Association |
| 11:00 | 3- and 6-month bill announcement | Steady at $56 billion? |
| 11:15 | Bernake | On housing |
| 15:00 | STRIPS data | November data |
| 16:30 | Kroszner (FOMC voter) | On mortgage-backed securities panel |
| Chain store sales | Down again in year-over-year terms |
Intraday Updates
Initial unemployment claims fell modestly over Thanksgiving, but continuing claims for the prior week hit a new high for the cycle.
Factory orders worsened more than expected in October, and chain store sales for November posted a drastic decline. more »
Economic Indicators
Today’s calendar features the regular weekly jobless claims report at 8:30, the factory orders report for October at 10:00 and monthly chain store sales reports over the course of the morning. more »
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations We expect another routine reverse RP totaling $25 billion this morning. Today's commentary also includes a discussion of yesteday's announcement about the Fed's new agency purchasing program. more »
Fed Funds Monitor The Fed did not change its rules on the payment of interest on reserves as we expected. Today's commentary discusses how that decision affects the outlook for funds in the new maintenance period. more »
The Money Market Observer
Monday, Dec 1 This week’s newsletter discusses the uncertainties associated with FOMC anticipation effects in the new maintenance period that begins this Thursday, as well as the role (if any) that quantitative easing might play in Fed policy in the months ahead. more »
Daily Press Summary (pdf)
ICAP's i-Recap Report for Thursday, Dec 4 The i-Recap report provides relevant market news from Dow Jones Newswires and data from ICAP and Wrightson ICAP in a take-home, easy-to-read format highlighting key developments which could impact the capital markets the ensuing trading day. Download a PDF file of the most recent report now. go »
i-Recap Report Archive go »
