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Could the Election drama overshadow NFP this month?

Event though all eyes are in the elections development, in terms of data the focus turns to the October nonfarm payroll report that are...

ADP, NFP and the change in their correlation

Today ADP reported a 749k sure in private payroll employment in September, almost double the 400k expectation, after an upwardly revised 481k (was 428k)...

After ADP, Payrolls rise expected barring any surprises with tomorrow’s claims

The lean 167k July ADP payroll rise undershot our 1,900k private BLS payroll estimate with a 2,600k total BLS payroll gain. We also saw...

Gold: Is it time for a BOOM?

The jobs report was a massive shocker and the upside beat supported the increasingly bullish tone on Wall Street over the past month. With...

Soft USD amid downside data pressure

EURUSD is remaining in an overall narrow range in the mid 1.1100s, pretty close to the 11-day peak seen yesterday at 1.1175. The latter,...

The Complete Guide to Labour Market Data

Traditionally, the labour market has always been the hottest topic of policymakers, given that unemployment can cause much more misery than any increase in...

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