adp

According to Jinshi, the ADP employment number in the U.S. for May is 122,000, expected to be 117,000, and the previous value was 109,000.

According to Jinshi reports, the weekly change in ADP employment in the United States for the week ending May 9 was a decrease of 35,750, while the previous value was a decrease of 42,250.

According to Jinshi reports, the U.S. ADP employment number increased by 109,000 in April, the largest increase since January of last year, exceeding the market expectation of 99,000.

According to Jinshi reports, the U.S. March ADP employment increased by 62,000, higher than the market expectation of 40,000, roughly unchanged from last month's 63,000.

According to Jinshi, the U.S. ADP employment increased by 63,000 in February, the largest increase since November 2025, exceeding the market expectation of 50,000.

According to Jinshi Data, the U.S. February ADP employment figures will be released tonight at 21:15 (UTC+8). The forecasts from 12 institutions are as follows:Societe Generale: +40,000; Deutsche Bank: +50,000; Goldman Sachs: +50,000; HSBC: +50,000;Standard Chartered: +50,000; BNP Paribas: +52,000; ING: +55,000; Pantheon Macroeconomics: +60,000;Mizuho Securities: +65,000; Lloyds Bank: +70,000; Bank of America: +75,000.[Reuters expectation: +50,000]

According to Jinshi, the U.S. January ADP employment change is 22,000, expected 48,000, previous value 41,000.

According to Jinshi reports, the dollar has weakened ahead of the release of U.S. economic data, which may provide clues about the pace of the Federal Reserve's interest rate cut cycle. The ADP private sector employment data will be released tonight, followed by the ISM services survey. Analysts at Danske Bank pointed out that the ADP data may give the market an initial perception of the expected performance of the key non-farm payroll report.Due to the partial government shutdown, the non-farm report originally scheduled for release on Friday has been postponed, but President Trump signed a bill to end the shutdown on Tuesday, so the delay is not expected to be long.

According to Jinshi Data, the U.S. January ADP employment figures will be released tonight at 21:15. The institutions expect the U.S. January ADP employment figures as follows (previous value: +41,000):Scotiabank: +10,000Pantheon Macroeconomics: +30,000HSBC: +37,000Spartan Capital: +38,000Sumitomo Mitsui: +39,000Goldman Sachs: +40,000Montreal Bank: +40,000Deutsche Bank: +40,000ING: +40,000BNP Paribas: +50,000Mizuho Securities: +50,000Standard Chartered: +50,000Stifel: +50,000UniCredit: +50,000Lloyds: +60,000PNC Financial: +65,000Reuters expects: +48,000.

According to Jin Ten's report, the dollar's performance remains steady, despite the U.S. private sector employment data falling slightly short of expectations. According to the ADP data released on Wednesday, private sector employers added 41,000 jobs in December, below economists' expectations of 48,000. The previous month's data was revised, showing that employers cut 29,000 jobs. The dollar index showed little change after the data was released, stabilizing at 98.601. This data was released ahead of the critical U.S. non-farm payroll report on Friday.

According to Jinshi, the U.S. December ADP employment change was 41,000, expected to be 47,000, and the previous value was -32,000.

The institutions expect the U.S. December ADP employment change to be announced tonight at 21:15 (previous value: -32,000):Spartan Securities: +16,000; Sumitomo Mitsui: +34,000; Zürcher Kantonalbank: +40,000; Deutsche Bank: +40,000;Allied Irish Banks: +45,000; Bank of Nova Scotia: +45,000; Pantheon Macroeconomics: +45,000; PNC Financial Services: +48,000;Deutsche Bank: +50,000; Goldman Sachs: +55,000; Bank of Montreal: +56,000; TD Securities: +60,000;Rabobank: +70,000; Helaba: +75,000; Mizuho Bank: +80,000. (Jin Shi)

According to Jinshi News, the U.S. ADP employment numbers for November decreased by 32,000, far below the expected increase of 10,000, further strengthening the narrative of a weak labor market. This marks the third time this year that ADP data has recorded negative growth, with previous declines of -23,000 and -29,000 in June and September, respectively. The -32,000 in November is the largest drop since March 2023. In response, the dollar fell again, with the dollar against the yen briefly hitting a new low.

According to Jinshi reports, the U.S. November ADP employment change is -32,000, expected to be 10,000, and the previous value was 42,000.

According to Jin Ten, the U.S. November "small non-farm" ADP employment figures will be released tonight at 21:15. The Federal Reserve will hold a monetary policy meeting next week, but the official non-farm employment numbers and inflation data are unusually "absent." In the absence of key guidance, tonight's small non-farm employment figures may become the only window for the Federal Reserve to observe the labor market, and significant market fluctuations are expected, so investors should be aware of the related risks.

According to Jinshi reports, ADP's employment data shows that the U.S. labor market is slowing down, leading to a significant rise in U.S. Treasury futures and a decline in the U.S. dollar index. U.S. 10-year Treasury futures rose, with the implied yield dropping 4 basis points from Monday's close of 4.12%. The money market has increased bets on a Federal Reserve rate cut, pricing in a likelihood of over 60% for a rate cut next month.

According to Jinshi reports, employment data company ADP estimates that the private sector lost 11,250 jobs per week in the four weeks ending October 25. This is the latest data in ADP's weekly series, aimed at more closely replicating the non-farm payroll report.After the data was released, the US dollar index DXY briefly plunged, non-US currencies collectively rose, and spot gold edged higher.

According to Jinshi reports, the U.S. October ADP employment increased by 42,000, the largest increase since July 2025, exceeding market expectations of 25,000.

According to Jinshi News, the U.S. October "small non-farm" ADP employment figures will be released tonight at 21:15. As official data has been consistently absent, this data has become a rare barometer for the market. If the employment market improves as expected, the prospects for a Federal Reserve rate cut in December may face new uncertainties.