US: All eyes on employment data – TDS

Analysts at TDS suggest that US ADP employment for December will provide the highlight of an otherwise subdued event calendar.

Key Quotes

“The market consensus looks for job growth of 190k, unchanged from the prior month. Initial jobless claims are the only release on the agenda and the market is looking for a modest decline to 242k.”

“St. Louis Fed President Bullard is also scheduled to deliver the keynote address at an economics convention in Philadelphia. Bullard will speak at 13:30 ET though he is not a voter in 2018.”