It's not the market-mover it used to be
The market is more concerned about wages than jobs so the ADP employment report is unlikely to make waves. It's due at 8:15 am ET (1215 GMT) and the consensus is +200K.
The calendar is steady afterwards with US non-farm productivity and initial jobless claims at the bottom of the hour.
Later we get the Markit final services PMI and the Fed's Williams.
The main events of the day are at 1400 GMT with the ISM non-manufacturing index and factory orders.
Politically, today could be the day Trump announces China tariffs.
