We get three economic data releases at the bottom of the hour including initial US jobless claims (shown above), the Philly Fed and the final Q3 GDP.
The one that should be focused on is applications. It caught the market by leaps and bounds last week, although it appears to have been the result of one-off events. The consensus is for a decline back down to 230K but another increase would be an interesting development. Powell lifted the Fed's focus back towards the inflation mandate yesterday and this would make a perfect time to pull the curtain on jobs, at least if you're into the most uproar.
Note that this is also NFP study week, so the number of applications may be particularly affected.
