US ADP private payrolls fell by -32k in September, far below expectations for a 50k increase and marking the steepest drop in two and a half years. August’s figures were also revised down to a loss of -3k from an initially reported gain of 54k. The breakdown showed broad-based weakness. Service providers cut -28k jobs, […]
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As we head into this volatile week, the economic calendar is being viewed through a “dual-lens”: the cold, hard data from February (pre-war) versus the reality of $110+ oil prices and the de facto closure Read more…
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