December 04, 2024 at 01:05PM
The ADP jobs report hasn’t been a good predictor of non-farm payrolls but it’s a jobs survey of the US economy from a decent data set. It showed surprising strength in October with the opposite unfolding in the official data.
This week’s edition is forecast at +150K and it’s due at 8:15 am ET.
I wouldn’t expect a big reaction as the ISM services survey at 10 am ET is the highlight of the day.
This article was written by Adam Button at www.forexlive.com.
ADP employment data coming up next. What to watch for