ADP Reports Stronger-than-Expected February Payroll Growth (News: 03/03/2016)
Today’s Press
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ADP Reports Stronger-than-Expected February Payroll Growth
Private-sector hiring unexpectedly jumped in February, the latest sign that rocky financial markets and slowing growth abroad haven”t derailed the U.S. job market.
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Fed survey finds weaker exports hurting manufacturers
The economy was expanding in most of the country in January and February, helped by gains in consumer spending and home sales. But there were also rising headwinds from falling oil prices and a strong dollar that held back some sectors, the Federal Reserve said Wednesday.
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Eurozone Economy Stuttering Along as Stimulus Decision Looms
Financial information company Markit said its main gauge of business activity across the 19-country single currency bloc showed growth faltering for the second straight month. The so-called purchasing managers’ index slipped to 53.0 points in February from 53.6 the month before.
Next Trading Day’s Important Events
- 12:30 (GMT+3) UK Consumer Inflation Expectations
- 16:30 (GMT+3) US NFP
Forex Quotes:
- USDJPY: 113.90
- EURUSD: 1.0902
Indices:
- S&P 500: 1,986.45
- NASDAQ : 4,703.4
Source:: ADP Reports Stronger-than-Expected February Payroll Growth (News: 03/03/2016)