Thoughts on "smart traders"
Pre NFP from ADP at the annual minimum
The published report is not an official version nonfarma ADP was at minimum level in January 2014. If we talk about the dynamics - this is the fourth month when the figures is less than the previous period.
Markets typically do not take into account the precise number, which is practically never coincides with the official data and considering secondary dynamic position at this time it is not on the side of the indicator. Remain day before the official release of Non-Farm Payrolls.
Also on this day: Greece paid on a planned 200 million tranche of the IMF.
Today will start the UK parliamentary elections.
Pre NFP from ADP at the annual minimum
The published report is not an official version nonfarma ADP was at minimum level in January 2014. If we talk about the dynamics - this is the fourth month when the figures is less than the previous period.
Markets typically do not take into account the precise number, which is practically never coincides with the official data and considering secondary dynamic position at this time it is not on the side of the indicator. Remain day before the official release of Non-Farm Payrolls.
Also on this day: Greece paid on a planned 200 million tranche of the IMF.
Today will start the UK parliamentary elections.
Only the price on the chart can show the entrance to the deal...