- US ADP report for June came in 150k vs 163k exp. and 152k previously
According to ADP data, US goods-producing sector added 14k jobs, while services added 134k jobs in June. According to ADP, job growth in June was solid but not broad-based. ADP's chief economist, Nela Richardson claims that without seasonality hiring in leisure and hospitality, June would have been a downbeat month.
ĹąródĹ‚o: xStation5
Source: BLS, ADP, XTB Research
Daily summary: Gold retreats 3% as US dollar rebounds after hawkish Warsh speech in Jackson Hole
đźš© EURUSD loses 0.3%
đź—˝ Fed chair, Kevin Warsh speech from Jackson Hole
Economic Calendar: All eyes on Kevin Warsh! Will Fed Chair protect his credibility?