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Likes ReceivedThe US has released the latest ADP employment data
The US just released its June ADP employment data. The market expected an increase of 118,000, but the actual figure was 98,000.
The US employment situation hasn't continued to heat up, but it's not bad either; it's considered a neutral data point.
If tomorrow night's non-farm payrolls also come in below expectations, then the probability of a Fed rate hike could hopefully decrease. By the way, Fed's Waller is about to start speaking soon.
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