Daily Economic Outlook: 4th December, 2015

The labor market report for November in U.S. is scheduled to release today. The reading will update the strength of the economy. Markets expect the November payrolls to increase to 200k, notes Lloyds Bank.

OPEC meeting will draw market attention. Since the oil prices are falling the OPEC may give an indication of change in strategy. Some members are interested in cutting production in order to increase the oil prices as low prices narrow down their revenue. 

"However, we think that OPEC will probably decide that it has to stick with its current strategy", argues Lloyds Bank.