Free Trial

ADP Ahead, Likely Treated With Caution

US
  • ADP for August lands at 0815ET (cons 195k), but will be viewed with caution after two large overshoots to private payrolls in the past two months.
  • The 455k in June and 324k in July for ADP employment amounted to an overshoot of 327k in June and 152k in July (running from latest vintages of data after most recent monthly revisions).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.