ADP report on change in US employment in June was released at 1:15 pm BST. Data was expected to show an increase of 3 million jobs following a 2.76 million decline in May. However today's report showed an increase of 2.36 million jobs, worse than markets expected. Nevertheless, both stocks and USD saw a muted reaction to the release.
EURUSD saw relatively small reaction to ADP data release. The most popular currency pair continued to trade around 1.12 level. Source: xStation5
• Negotiations progress on next coronavirus stimulus package • Silver climbs to over 7-year high, Gold hit new ATH • Oil...
3:36 PMCrude inventories in the US dropped by 7.373 million barrels in the week ended July 31st, following an 10.612 million decline in the previous week...
3:05 PMThe ISM Non-Manufacturing PMI for the US jumped to 58.1 in July of from 57.1 in the previous month, beating analysts’ expectations of 55.0. ...
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