US ADP’s August private payrolls estimate is seen at 195K – Rabobank
Analysts at Rabobank note that markets will have more labor market data from the US to scrutinize. Atlanta Fed’s GDPNow stands at a robust 5.9% for Q3 “The ADP’s August…
Expecting a stronger NFP print on Friday at 180K – TD Securities
Analysts at TD Securities assess the latest data releases from the US and preview the upcoming ones. Second tier data coming up with ADP and Home Sales “JOLTS and Consumer…
Euro revisits 1.0900 on Dollar weakness, looks at US calendar
The Euro keeps the optimism well and sound vs. the US Dollar. Stocks in Europe keep the mixed note so far on Wednesday. EUR/USD briefly revisits the 1.0900 hurdle, as…
Gold price aims higher as US hiring momentum slows
Gold price breaks above $1,940.00 as US ADP Employment data turns out softer than expected. US firms invited fewer applications for jobs in July as resignations dropped. Investors hope that…
Oil steady at weekly high ahead of EIA
Oil (WTI) rallies higher this week with demand side taking over while supply could be seen slowing down. US Dollar strength abates after US JOLTS data points to weakening labor…
US Dollar loses momentum on increasing economic headwinds
US Dollar price action is positive this Wednesday against all major peers. Another big batch of data, including US GDP data, could push the Greenback further down. The US Dollar…
US Dollar loses momentum on increasing economic headwinds
US Dollar price action is positive this Wednesday against all major peers. Another big batch of data, including US GDP data, could push the Greenback further down. The US Dollar…
USD/CAD Price Analysis: 200-EMA remains a key support ahead of US Employment data
USD/CAD remains supported above 1.3550 ahead of US ADP labor demand data. If Employment Change data replicates Job Openings performance, selling pressure on the USD Index would elevate. The Lonnie…
German annual CPI inflation declines to 6.1% in August vs. 6% expected
CPI Inflation in Germany softened slightly in August. EUR/USD clings to small daily gains while trading below 1.0900. Inflation in Germany, as measured by the change in the Consumer Price…
Breaking: US private sector employment rises 177,000 in August vs. 195,000 expected
Private sector employment in the US rose 177,000 in August, the data published by Automatic Data Processing (ADP) showed on Wednesday. This reading followed the 371,000 increase (revised from 324,000)…
