ADP report in the spotlight today – Danske Bank

FXStreet (Edinburgh) - Anders Fischer, Analyst at Danske Bank, remarks the importance of today’s release of the US ADP report.

Key Quotes

“A relatively light data calendar”.

“The most interesting release is the ADP private employment report in the US that will give us some input on the direction of the important labour market report tomorrow, even though the ADP report’s success in predicting the outcome of non-farm payrolls has admittedly been mixed”.