Non-Farm Payrolls Absent This Week, Tonight's "Mini Non-Farm" Could Be the Fed's "Lifeline"
BlockBeats News, December 3rd: The US November "ADP Nonfarm Payrolls" will be released tonight at 21:15.
With the Federal Reserve's rate decision meeting next week, the official nonfarm payroll and inflation data are conspicuously "absent." Against the backdrop of a lack of key guidance, tonight's ADP Nonfarm Payrolls may become the Fed's only window to peek into the employment market. The market is expected to experience significant volatility at that time, so investors should be aware of the related risks. (FX678)
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