ADP report on change in US employment in May was released at 1:15 pm BST. Data was expected to show an increase of 300k jobs following a 247k increase in April. However, the report showed an increase of only 128k jobs, the least since the job losses in 2020 and much worse 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 inflation release. The most popular currency pair continued to trade around 1.0690 level. Source: xStation5
Daily Summary: PPI Inflation slows down, but EURUSD approaches 1.10
Three Markets to Watch Next Week (13.11.2026)
Economic Calendar: U.S. PPI inflation takes center stage. What will today's session bring❓
Daily Summary: Oil Rebounds, EURUSD Falls Sharply 🗽 Wall Street Stabilizes After Nvidia Sell-Off
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.