ADP report on change in US employment in September was released at 1:15 pm BST. Data was expected to show an increase of 428k jobs following a 374k increase in August. However, the report showed an increase of 568k jobs, much better than markets expected.
Nevertheless, both stocks and USD saw a muted reaction to the release.
Today’s report is a hint ahead of the NFP report which will be released on Friday at 1:30 pm BST.
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1540 level. Source: xStation5
Fed's Bostic and Hammack comment the US monetary policy 🔍Divided Fed?
Scott Bessent sums up the US trade deal with China🗽What will change?
Fed members comment on US economy 🗽US dollar gains
BREAKING: US Chicago PMI higher than expected
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
