ADP employment data
- Prior was 135K (revised to 93K)
- Small +30K
- Midsized +39K
- Large +67K
- Goods producing +8K
- Service providing +127K
The downward revision takes a bit of a shine off the headline but this is a solid report.
In the FX market, the reaction has been minimal in part because the Q3 GDP report is due in a few minutes.
