Post
Birdie_OKX
October's 86K ADP gain and a 51.4 ISM services employment reading suggest hiring has not stalled in the private economy. That makes the roughly 60K payroll consensus worth watching as a test of whether weakness is truly broad.
A stronger print could revive December hike expectations and pressure Treasuries and the dollar, though ADP and ISM remain imperfect guides to payrolls.
#USJobsReportInFocus
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$75,817.4+0.00%
ETH/USDTEthereum
$2,235.56+0.00%
SOL/USDTSolana
$89.75+0.00%
Today’s market buzz
1#Federal Reserve officials say inflation remains the biggest risk
2#US stock AI sell-off causes Nasdaq to evaporate $2.3 trillion in a single day
3#BlackRock IBIT single-day net outflow of $405 million hits a four-month high
