US: Main event is the ADP jobs data - BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 30, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Research Team at BBH, suggests that during the North American session, the main event is the ADP jobs data.

    Key Quotes

    “Current consensus is at 197k vs. 214k in February. Consensus for Friday’s jobs data is currently 210k vs. 242k in February. Can the markets continue to price in a dovish Fed if the US data continue to come in firm? We don’t think so, but we acknowledge that the dollar remains vulnerable for now. The Fed’s Evans speaks today.”
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