Non-Farm Payrolls: Why two different events? | Forex Factory

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Non-Farm Payrolls: Why two different events?

  • #1
  • First Post: Sep 4, 2014 6:32am Sep 4, 2014 6:32am
Hello

I see that there is an ADP Non farm Payroll today at Sept 04 2014 at 08:15 Eastern time and a Non farm payroll tomorrow at 08:30 ET

Why two differents news with the same subject?
Do they differ or give about the same same lecture

Any info or input appreciate
A good day to all

Martin
  • #2
  • Sep 4, 2014 5:34pm Sep 4, 2014 5:34pm
ADP NFP (thurs) is released by company that many businesses use to compute payrolls. NFP (Friday) is released by the U.S. bureau of labor statistics.
  • #3
  • Sep 4, 2014 6:34pm Sep 4, 2014 6:34pm
Thanks for the clarification
Martin
  • #4
  • Sep 4, 2014 6:38pm Sep 4, 2014 6:38pm
Quoting jonnyoptions
ADP NFP (thurs) is released by company that many businesses use to compute payrolls. NFP (Friday) is released by the U.S. bureau of labor statistics.

Which makes you wonder about all those excessively strong moves today. BLS used to be the guide, but the market is looking for any excuse at this point. Any excuse will do.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #5
  • Sep 4, 2014 10:39pm Sep 4, 2014 10:39pm
Quoting iDoubleStoch
{quote} Which makes you wonder about all those excessively strong moves today. BLS used to be the guide, but the market is looking for any excuse at this point. Any excuse will do.
Did you miss the Draghi show?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #6
  • Sep 5, 2014 6:00am Sep 5, 2014 6:00am
Quoting The Fool
{quote} Did you miss the Draghi show?
  • #7
  • Last Post: Sep 5, 2014 9:19am Sep 5, 2014 9:19am
Quoting The Fool
{quote} Did you miss the Draghi show?

Like I said - any excuse will do: http://www.reuters.com/article/2014/...0H01C920140905

Not much of a "surprise" in that at all and does not correlate to the kinds of move made yesterday. What else was he going to do or say. The EU has been behind the power curve for repackaging and stabilizing debt more than any other developed nation on earth, hit by the global crisis.

Again, not real "news" - but people are looking for excuses or the EUR and any excused will do for now.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
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