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Headline Nov Employ Figures, Fed Enters Blackout

OUTLOOK
  • US Data/Speaker Calendar (prior, estimate)
  • Dec-03 0830 Change in Nonfarm Payrolls (531k, 550k)
  • Dec-03 0830 Change in Private Payrolls (604k, 525k)
  • Dec-03 0830 Unemployment Rate (4.6%, 4.5%)
  • Dec-03 0830 Average Hourly Earnings MoM (0.4%, 0.4%)
  • Dec-03 0830 Labor Force Participation Rate (61.6%, 61.7%)
  • Dec-03 0915 StL Fed Bullard, MO Bankers Assn speech
  • Dec-03 0945 Markit US Services PMI (57, 57); Composite (56.5, --)
  • Dec-03 1000 ISM Services Index
  • Dec-03 1000 Factory Orders (0.2%, 0.5%); ex Trans (0.7%, 0.6%)
  • Dec-03 1000 Durable Goods Orders (-0.5%, -0.5%); ex Trans (0.5%, 0.5%)
  • Dec-03 1000 Cap Goods Orders Nondef Ex Air (0.6%, --)
  • Dec-03 1000 Cap Goods Ship Nondef Ex Air (0.3%, --)
  • Dec-03 1120 NY Fed buy-op: Tsy 10Y-22.5Y, appr $1.425B
  • Dec-03 2400 Fed enters media blackout on policy

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