The U.S. ADP employment report, often called the “small nonfarm payrolls” report, is due at 9:15 PM (UTC+8) tonight after the United States switched to standard time. According to ChainCatcher, markets broadly expect October ADP employment to increase by around 70,000 jobs. The data could affect pricing for a Federal Reserve rate hike in December and prompt moves in the U.S. dollar, U.S. stocks and gold.
