🔰 U.S. Job openings in May rose by 374,000 to 7.769 million.
🔰 That was much better than the 7.320 million expected.
🔰 Further, April job openings were revised up from 7.391 million to 7.395 million.
🔰 The upbeat JOLTS reports adds to speculation over the chances of Fed rate cuts over the coming months.
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🔰 That was much better than the 7.320 million expected.
🔰 Further, April job openings were revised up from 7.391 million to 7.395 million.
🔰 The upbeat JOLTS reports adds to speculation over the chances of Fed rate cuts over the coming months.
#USD #Gold
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🔰 The most important news of today's, US ADP Non-Farm Employment Change
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Forex News | Fundamental
🔰 Tuesday: • Economic Data: ISM Manufacturing PMI, JOLTs Jobs Survey, Construction Spending, Vehicle Sales • Fed Speakers: Powell • Earnings: Constellation Brands $STZ @Forex_LiveStream
🔰 Wednesday:
• Economic Data: ADP Nonfarm Payrolls
• Corporate News: $TSLA Q2 Deliveries.
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• Economic Data: ADP Nonfarm Payrolls
• Corporate News: $TSLA Q2 Deliveries.
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🔰 United States ADP Nonfarm Employment Change (Jun)
Actual: -33K 🔻
Expected: 99K
Previous: 29K
(Too bad👎)
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Actual: -33K 🔻
Expected: 99K
Previous: 29K
(Too bad👎)
#USD #Gold
@Forex_LiveStream
🔰 SUMMARY OF US JUNE ADP JOBS REPORT:
🔰 1. The U.S. economy lost 33,000🔻 jobs in June, as per ADP, badly missing forecasts for a gain of 99,000.(That was the lowest monthly total since February 2022.)
🔰 2. That follows a downward revision for May, which added just 29,000 jobs, compared to a previously reported increase of 37,000.
🗝 Key Takeaway: This is the worst ADP payrolls report we’ve had in quite some time.
🔰 The data points to a slowing labor market and raises the chances of multiple rate cuts by the Fed this year.
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🔰 1. The U.S. economy lost 33,000🔻 jobs in June, as per ADP, badly missing forecasts for a gain of 99,000.(That was the lowest monthly total since February 2022.)
🔰 2. That follows a downward revision for May, which added just 29,000 jobs, compared to a previously reported increase of 37,000.
🗝 Key Takeaway: This is the worst ADP payrolls report we’ve had in quite some time.
🔰 The data points to a slowing labor market and raises the chances of multiple rate cuts by the Fed this year.
#USD #Gold
@Forex_LiveStream
🔰 Looks like NFP is going to be ripping hot based on that ADP be reday boys !!
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🔰 TRADERS ADD TO WAGERS ON AT LEAST TWO FED RATE CUTS BY END-2025 AFTER AWFUL ADP PAYROLLS DATA.
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🔰 The most important news of today's, US Average Hourly Earnings m/m , Non-Farm Employment Change , Unemployment Rate , Unemployment Claims , ISM Services PMI
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Forwarded from Forex News | Fundamental
🔰 United States Average Hourly Earnings (YoY) (YoY) (Jun)
Actual: 3.7% 🔻
Expected: 3.9%
Previous: 3.8%
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Actual: 3.7% 🔻
Expected: 3.9%
Previous: 3.8%
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