US ADP Employment Change Weekly 11.75K (Prev. 11.5K )
The latest ADP Employment Change figure of 11.75K reflects a slight increase from the previous week's 11.5K, indicating modest job growth in the private sector.
JPMorgan (JPM) CFO says loss of Fed independence often leads to steeper yield curves and damages economic dynamism
US Average Weekly Prelim Estimate ADP (4-week, w/e 20th Dec) +11.75k (Prev. +11.5k, Rev. +11k)
US ADP Employment Change Weekly 11.75K (Prev. 11.5K )
JPMorgan (JPM) CEO Dimon reiterates that he has great respect for Fed Chair Powell, adding that he believe in Fed's independence
Venezuela's PDVSA begins ordering well reopenings to recover crude output, according to sources; readies internal audit following cyberattack and in preparation of new business and investments
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While this beat is not particularly large, it does suggest stability in employment which is crucial for economic recovery and may influence sentiment around upcoming labor market reports and Fed policy decisions.
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