The ADP jobs report will have the market watching carefully
Friday's NFP report will be a fairly big one. if there's no bad shocks, then the hike is even more nailed on than it is now.
The ADP report is the markets first primer on jobs.
No shocks are expected and a healthy 190k is expected, vs 246k prior. That pretty much matches expectations for NFP.
If it comes out in line, better or with little difference, we'll probably see the dollar firm a touch. If it's a shocker, say sub-100k or worse, that will really put the cat among the pigeons.
It all happens at 13.15GMT.
