The ADP private
employment rose by 230.000 in October
Nov
05th 2014
The U.S. Labor
Department's employment showed that the ADP Nonfarm Employment Change in
October rose to 230.000 which is higher than expectations of the Economists
(220.000) and more than the previous reading of September (225.000). And the
investors are actually waiting for the employment report due on Friday November
07 2014.
After the ADP data
for today, the US dollar index has continued to recover against the other major
currencies. Also the US
stock futures edged higher.
Concerning the
commodities and precious metals market, the gold declined significantly against
the US dollar.
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