ADP Nonfarm Employment Change
Previous: 178К
Forecast: 185К
Actual: 237K
As markets rebounded after the panic, caused by the missiles from North Korea, market players will keep a close eye on the ADP Nonfarm Employment Change today.
Previous data were 178K, as the median estimate for today is 185K
The expectations from the top 10 analysts, which according to Bloomberg are the most correct with their forecasts are highly positive.
Higher than expected reading will strongly support the USD, as we should be braced for a short-term rising impulse in the U.S. indices as well.
Alternative speaking, lower than expected reading will lead to a selloff in the USD and the U.S. indices.
Source: Bloomberg Pro Terminal
Jr Trader Alexander Kumanov
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