At 15:15 we expect new jobs according to ADP. The research institute believes, that the strong growth rate in February will remain. The January report showed better-than-expected data: 234K. This has somehow managed to raise USD, but today investors do not seem to pay much attention to the data, as the negative sentiment of Gary Cohn resignation and what's behind it will accumulate. A large number of experts believe that Cohn was the last opponent of the White House's import tariffs and, after his departure, the likelihood of tariffs becoming a reality is great.
What do the big Wall Street players think?
The average value of economists and analysts is 200,000 new jobs, and senior analysts such as Goldman Sachs and Banco Mercantil Del Norte are of the opinion that new jobs will rise by more than 220,000.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
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