The Automatic Data Processing, Inc. released US ADP Non-Farm Employment Change data that came out better than expected of 227K, compare to forecasted 188K.
"Despite a significant shortage in skilled talent, the labour market continues to grow," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute."We saw significant gains across all industries with trade and leisure and hospitality leading the way. We continue to see larger employers benefit in this environment as they are more apt to provide the competitive wages and strong benefits employees desire."
Historical Data Table: ADP Non-Farm Employment Change | Economic Calendar for 01.11.2018 | ||||||||
Date | 02.05.2018 | 30.05.2018 | 05.07.2018 | 03.10.2018 | 31.10.2018 | 9:30 AM | UK Manufacturing PMI | ||
Actual | 204K | 178K | 177K | 230K | 227K | 12:00 PM | UK BOE official bank rates | ||
Forecast | 200K | 191K | 191K | 185K | 188K | 14:00 PM | US ISM Manufacturing PMI | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
AUD/USD | 0.71011 | 0.70966 | -0.06% | AUD/USD | 64.39% | 35.61% | |||
EUR/USD | 1.13428 | 1.13349 | -0.07% | EUR/USD | 64.61% | 35.39% | |||
USD/JPY | 113.136 | 113.172 | 0.03% | USD/JPY | 40.51% | 59.49% | |||
NZD/USD | 0.655 | 0.6543 | -0.11% | NZD/USD | 55.73% | 44.27% |