Details from the July 2015 US ADP employment report data 5 August 2015

  • Prior 237k. Revised to 229k
  • Service sector 178k vs 225k prior. Revised to 216k
  • Small businesses 58k vs 120k prior
  • Medium 62k vs 86k prior
  • Large 64k vs 32k prior
  • Construction 15k vs 19k prior
  • Manufacturing 2k vs 7k prior
  • Financials 10k vs 19k prior
  • Trade & transport 25k vs 50k prior
  • Professional & business 42k vs 61k prior

So sub 200k we go and down to 124.04 we go in USDJPY. The calculators have been bashed and the call is that these numbers indicate and NFP of 215k. The consensus is around 225k

I don't think this number is going to be enough to shake dollar longs out of their tree

US ADP employment