Morning, Traders! 
It is Thursday the 7th of December, here are some things to look out for today.

Demand for a rarely used Fed facility rose to its highest level since 2020 this week, potentially signalling that one or more banks are making preparations for future liquidity strains as the central bank's balance-sheet unwind deepens. The global bond rally stalled on Thursday ahead of a key US jobs report, with a slump in Japanese debt adding to the anxiety of Treasury traders already concerned that yields had dropped too far. Treasury Secretary Janet Yellen declined to endorse traders' current expectations for Federal Reserve interest-rate cuts, but stated that markets can sometimes support policymakers' actions.

08:30 ET

US Weekly Jobless Claims
Initial Claims - Median Forecast: 220K | Prior: 218K | Range: 230K / 214K
Continued Claims - Median Foercast: 1.91M | Prior: 1.927M | Range: 1.95M / 1.867M

11:30 ET
US sells $80 bln 4-Week Bills

15:00 ET
US Consumer Credit for October
Median Forecast: $8.5 bln | Prior: $9.057 bln | Range: $15 bln / -$5 bln


10:00 ET
ECB board member Frank Elderson speaks at an event organized by the Centre for European Policy Studies (CEPS)
Registration Closed

12:35 ET
BoC’s Deputy Governor Gravelle gives the Canadian Economic Progress Report
Text and Video Here


Good luck!