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8 Jan 2020

US: Focus on ADP employment – TDS

According to analysts at TD Securities, the US ADP series has not been a reliable indicator of what to expect in the BLS report, but it can be market-moving nonetheless.

Key Quotes

“We see upside risk for the December ADP data, even as we see downside risk for payrolls on Friday. The data diverged in the opposite direction in November: A weak 67K rise in the ADP series was followed by a 254K surge in private payrolls (266K in total). In Fedspeak, Governor Brainard will be speaking on the Community Reinvestment Act.”

Jan 8, 2020

Chile Core Consumer Price Index (Inflation) (MoM) up to 0.1% in December from previous -0.2%

Chile Core Consumer Price Index (Inflation) (MoM) up to 0.1% in December from previous -0.2%
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Jan 8, 2020

US Dollar Index Technical Analysis: Next stop at 97.70, the 200-day SMA

DXY is extending its rebound beyond the key barrier at 97.00 the figure as geopolitical jitters ebb further and US yields resume the upside. In case t
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