Employment data coming up from the US on Thursday - December ADP ...Middle East

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Employment data coming up from the US on Thursday - December ADP
The consensus expected for the ADP December employment number is 115,000November's ADP number was +103,000The range of estimates is 99K to 130K. Results outside this range should prompt extended market moves, in a nutshell a number under 99K will reignite expectations of more FOMC rate cuts, sooner. Vice versa for a number above 130K. ADP is due at 8.15am US Eastern time. ---The national employment report from Automated Data Processing Inc. is computed from ADP payroll data and offers advance indications on the U.S. workforce. ADP's data cover more than 500,000 companies totaling more than 25 million employees. This article was written by Eamonn Sheridan at www.forexlive.co

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