Analysts at TD Securities assess the latest data releases from the US and preview the upcoming ones. Second tier data coming up with ADP and Home Sale
Analysts at TD Securities assess the latest data releases from the US and preview the upcoming ones."JOLTS and Consumer Confidence both came in below consensus. We expected downside risks on both prints, which came in even larger. Job openings declined by 338k vs market consensus of an 82k decline. Both hiring and the job openings/job seekers ratios declined, while layoffs remained steady.
"Some second tier data coming up on Wednesday with ADP and Home Sales, as well as the second releases of GDP and Core PCE QoQ figures. All eyes will be on payrolls on Friday, so the market may be a bit reactive around any of these releases."Information on these pages contains forward-looking statements that involve risks and uncertainties.
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