The Traderszone Network

Published in TZ Latest News 31 August, 2016 by The TZ Newswire Staff

ADP and Canadian GDP coming up

Top tier economic data on the schedule
ADP employment is expected at 175K compared to 179K last month. Estimates range from 225K to 135K.
The top-end estimate is Ian Shephardson, who is an economist I respect a lot so watch out for a strong number. If it is, the trade is a tough one. The risk of buying the dollar on it is that the correlation with non-farm payrolls is poor.