> If its NFP week that means the ADP report due today will be watched closely

If its NFP week that means the ADP report due today will be watched closely

Wednesday, 02/08/2017 | 03:38 GMT-0

From the US on Friday morning comes the nonfarm payroll report

But, Wednesday morning from the US will be another jobs report, the ADP Employment Report

For July
Out at 1215GMT
Consensus median estimate is +190K
prior was +158K

The report's record of 'predicting' the NFP is, errr, patchy (I'm being generous :-D ), but still it'll be watched. The ADP report only covers private (excluding government) payrolls.

The ADP national employment report is taken from a portion of ADP records that represent approximately 400,000 U.S. business clients and approximately 23 million U.S. employees working in all private industrial sectors.