Automatic Data Processing

Yesterday, President Trump once again came out ahead of the big event of the week to tease that the NFP report would be significantly positive. We should note that the President does have advanced access to the information - or at least…
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The markets are heading into a busy second half of the week with still a lot of data due to come over. Today, the non-manufacturing PMI report from the Institute of Supply Management will be coming out. This is followed up by the ADP…
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The US Dollar Index failed to stabilize last week, even after central bankers have sent a clear message to the market that the easy monetary policies are coming to an end. Such remarks were supposed to push currencies higher. The US Dollar…
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The US Dollar Index remains within a tight range since the beginning of the week, trading right below its key resistance area which stands at 102.0 This is despite the fact that the US data that were released yesterday came in with…
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There was more pain for the GBP as construction PMI fell to a 3-year low following yesterday’s weak manufacturing PMI. In the US, ADP payrolls report showed 156k jobs against expectations of 195k. Today’s Economic events UK…
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The outlook for the euro became better yesterday as official sources claimed that Greece's creditors drafted the broad lines of an agreement which is due to be discussed today in a meeting between Alexis Tsipras and the European Commission…
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