09 Jul 18 (Mon)
All eyes will be on Non-Farm Payrolls today. It will be announced at 12:30 p.m. (GMT) and the Jobs Report is significant determinant of Fed rate hike on June 14. The Fed has already declared its expectations to raise rates two more times this year and market has priced in odds of around 90% for a 25 basis point hike at the next Fed meeting. The ADP Non-Farm Employment Change data was released yesterday which surprised markets with better realization than expected in May. N...
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