• Prior 130k. Revised to 184k
  • Small business jobs +102k
  • Medium +48k
  • Large business +65k
  • Manufacturing +18k Construction +18k

Highest number since Dec 2012

Dollar pops to 102.60 from 102.33 in USD/JPY. EUR/USD and cable lose around 25-30 pips. We’ll see how much expectation has or will be priced into on the numbers ahead of Non farm Friday.

US ADP 04 12 2013

US ADP 04 12 2013

Good strong growth seen in payrolls across all business sizes.

US ADP by company size 04 12 2013

US ADP by company size 04 12 2013