Read more
1:16 PM · 6 July 2023

BREAKING: USD gains after massive ADP beat

ADP employment report for June was released today at 1:15 pm BST. As usual, report was watched closely as it is one of the final hints ahead of the official NFP report for June that will be released tomorrow at 1:30 pm BST. Market expected ADP data to show a jobs gain of 230k. While ADP has had a rather poor track record of predicting NFP readings in the past, it should be said that readings of the two for the past 3 months were very aligned.

Actual ADP data for June turned out to be a massive positive surprise and showed a jobs gain of 497k! Release led to a hawkish reaction on USD market, with EURUSD dropping around 0.2% in the first minutes following the release. Equities were mixed - European index futures ticked higher while US index futures dropped. Gold dropped around 0.4% amid USD strengthening and jump in yields (2-year US yields climbed above 5%!)

EURUSD erased earlier gains following a massive ADP beat! The pair is now trading little changed on the day. Source: xStation5

ADP data surprised to the upside in June. Source: Macrobond, XTB

15 April 2026, 4:25 PM

BREAKING: First U.S. inventory decline in two months, mainly due to record exports

15 April 2026, 6:58 AM

Economic calendar: earnings and central bank speakers 🎙️

15 April 2026, 6:46 AM

Morning wrap (15.04.2026)

14 April 2026, 1:30 PM

BREAKING: US PPI comes in weaker than expected. EURUSD gains ground

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits