01:15 PM BST, United States - Employment Data for June:
- ADP Nonfarm Employment Change: actual -33K; forecast 99K; previous 29K;
The ADP report showed a negative reading for the first time since February 2022. Though layoffs continue to be rare, a hesitancy to hire and a reluctance to replace departing workers led to job losses last month. Still, the slowdown in hiring has yet to disrupt pay growth
"Job losses in professional and business services, and education and health services led the decline. Leisure and hospitality, and manufacturing showed gains"
Economic calendar: NFP data and US oil inventory report ๐ก
Silver rallies 3% ๐ A return of bullish momentum in precious metals?
Morning Wrap: Dollar in a trap, all eyes on NFP ๐๏ธ(February 11, 2026)
Daily summary: Weak US data drags markets down, precious metals under pressure again!