This Week: Happy New Year & Jobs Week

Monday

Happy New Year!

Tuesday

10:00 AM Construction spending is expected to have increased by 0.5% in November

Wednesday

7:00 AM Mortgage demand & rates

10:00 AM Job openings are projected to have risen to 8.85M in November

10:00 AM ISM Manufacturing is projected to have risen slightly to 47.1 in December

2:00 PM FOMC Minutes

Thursday

8:15 AM ADP’s employment report is expected to show private payrolls rising by 113k in December

8:30 AM Jobless claims are expected to fall slightly to 215k

12:00 PM Mortgage rates (could we get a decline for the 10th straight week?)

Friday

5:00 AM The Euro Area’s inflation rate is expected to have risen to 3.0% in December

5:00 AM Producer prices in the Euro Area are expected to have fallen 0.1%

8:30 AM Nonfarm payrolls are expected to have risen 163k in December

10:00 AM ISM Services is expected to hold right around 52.7

10:00 AM Factory orders are expected to have risen 2.3% in November