Quotes from Lloyds Bank The February US ADP report will attract significant interest this afternoon as a potential guide to Friday's payrolls report. We are looking for indication of a twelfth consecutive month of employ…
The February US ADP report will attract significant interest this afternoon as a potential guide to Friday's payrolls report. We are looking for indication of a twelfth consecutive month of employment growth above 200k, although earnings growth on Friday will arguably receive as much attention as markets try to gauge the likely timing of Fed tightening this year. For the ADP today, we look for a rise of 240k.
The February non-manufacturing ISM survey is also released and we expect it to rise to 57.0, despite the small dip in the manufacturing survey which was partly related to strikes at West Coast ports.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
