Tag: USD
NFP: Major divergence in estimates
US ADP reported private payrolls increased 117k in February, well below forecast (177k), though the 174k January gain was revised higher to 195k. The...
USDJPY approaching a 7-month high
Since January this year, the USDJPY has recorded an increase of about 4% from a low of 102.58 to a 27-week high. USDJPY clawed...
US briefing – Where do we stand?
Japanese, South Korean and Chinese markets were closed today, with the latter commencing the week-long Lunar New Year holiday. Singapore will be off tomorrow,...
Upside risk for Friday
Today’s ADP overshoot of the payrolls estimate signals upside risk for Friday, especially given the pattern of big ADP undershoots of the BLS payroll data...
NFP faces downside risks after ADP
The December nonfarm payroll gain is pegged at 100k, with downside risk from coronavirus headwinds and seasonal factors that expect a normal holiday season....
Banks of the week
The vaccine rollout began last week in the UK, paving the way for vaccinations to begin in the US as early as this week....
