Daily summary: Wall Street falls at the end of the month

The ADP report shows low employment growth for August, at 132,000, (300,000 expected) 

This report is being published for the first time since June. Banks in the U.S. have no doubt that the ADP report better reflects reality, which could indicate a very weak NFP

The dollar was very strong for the first part of the day, also leading to a strong sell-off in gold, which reached $1,710 per ounce

Gold is back around the previous month's minima, reducing strongly the rebound that took place due to the Fed Pivot

EURUSD tests the peaks of last Friday's Jackson Hole symposium, after much speculation of a 75bps hike emerged

Goldman Sachs, Bofa point to such a move by the ECB next week, with the market pricing in 75 bps by the end of October

Crude oil inventories fall by more than 3 million barrels per day, stronger than expectations. Gasoline stocks also fall sharply, but demand data already show a weaker picture

Oil reserves fall to the lowest level since 1984

Indices continue to sell off. S&P 500, Nasdaq are likely to score about 4% drop from full-month perspective