In the upcoming trading week, after the S&P 500's five-week rally, focus remains on the potential continuation of the Santa Claus rally. Notably, only 144 companies are reporting earnings compared to previous weeks. Notable earnings include Toll Brothers, showing strength despite rising rates, and GameStop on Wednesday. Thursday sees reports from Broadcom, Lululemon, and Dollar General.

Four crucial job reports will shape market sentiment: JOLTS job openings on Tuesday, ADP non-farm employment change on Wednesday, weekly unemployment claims on Thursday, and both the unemployment rate and non-farm employment change on Friday. Eyes are on employment data as the last puzzle piece for economic recovery.

Regarding global rates, the Reserve Bank of Australia is expected to maintain its rate on Monday, potentially affecting the Australian dollar market. The Bank of Canada will announce its decision on Wednesday, expected to hold steady at 5%. Any surprise moves could impact the Australian and Canadian dollar markets significantly. Traders should be cautious in Forex and Futures markets amid potential fluctuations.

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