Tomorrow in the US session, the Challenger job cuts will be released. During most months it is a prelude to the jobs report but because of the shutdown, there will be no jobs report until December 15 after the FOMC rate decision on December 10. Nevertheless like the ADP report, it will give some indication of the US job situation.
Also to be released will be the unemployment claims. They are up-to-date and are expected to come in at 219K versus 216K last week.
Below is a list of other economic releases in the European and US session:
3:00 am CHF: Unemployment Rate (Fcst 3.0%, Prev 3.0%)
3:30 am CHF: Manufacturing PMI (Fcst 48.9, Prev 48.2)
4:30 am GBP: Construction PMI (Fcst 44.5, Prev 44.1)
5:00 am EUR: Retail Sales m/m (Fcst 0.0%, Prev -0.1%)
Tentative EUR: French 10-yr Bond Auction (Prior 3.43% | 2.1)
7:30 am USD: Challenger Job Cuts y/y (Prev 175.3%)
7:45 am GBP: MPC Member Mann Speaks
8:30 am USD: Unemployment Claims (Fcst 219K, Prev 216K)
10:00 am CAD: Ivey PMI (Fcst 53.6, Prev 52.4)
