Fed's Warsh speech + ADP report coming tonight

There are two important things tonight,

The first and most important is Fed's Warsh will speak at the European forum at 9:30 PM. This is his first international speech. He may not directly give future interest rate policy guidance but may comment on the current inflation and employment situation. The market will fully interpret it.

Then the second is the US June ADP employment data at the earlier 8:15 PM. The current market expectation is an increase of 118,000. Let's see if it will exceed expectations again tonight, and also look at the specific employment direction.

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