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ADP large miss; But does it matter for NFP?

Looking at the series over the passed few months, there is volatility between ADP and NFP data

September 1, 2021 11:32 AM
"Newspaper snippet of jobs board"

Whose employment data do you trust more? ADP or ISM

Depending on your answer, it may give you a better expectation for NFP on Friday

August 4, 2021 04:15 PM
Gold trading

Gold probing 6-week highs after big ADP employment miss

While the ADP report can be a volatile leading indicator for NFP on a month-by-month basis, it’s undeniably concerning that it has shown declining employment growth and negative revisions for three consecutive months now.

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August 4, 2021 10:30 AM

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Forex trading

US Dollar: Possible Profit Taking Actions before Non-farm Payrolls

On Tuesday, the ICE U.S. Dollar Index has stabilized after briefing dropping to its weakest level in more than two years, ending up 0.1% on day to 92.31. U.S. ADP private jobs report for August will be today's focus, with an increase of 1 million expected and compared with +167,000 in July.

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September 2, 2020 12:38 AM

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