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ADP Employment Change 4-week average indicates continued slowdown in private-sector hiring

The ADP report shows a drop in job gains, signaling slower private-sector hiring and prompting traders to brace for potential Federal Reserve rate cuts. The US Dollar weakens, creating currency trading opportunities. – vtmarketsmy.com

John Velis from BNY expects steady interest rates with little chance of cuts.

No interest rate changes are expected at January’s FOMC meeting, with a low chance of cuts until 2026. Traders should focus on nuances in policy statements and labor market risks. – vtmarketsmy.com

The 4-week average of US ADP Employment Change dropped to 7.75K from 8K.

US job growth is faltering with the ADP Employment Change at 7.75K, while consumer confidence drops to 84.5. Consider strategic options in currencies and gold amid ongoing economic uncertainty. – vtmarketsmy.com

British Pound rises against US Dollar, reaching a six-month peak due to Dollar weakness

The British Pound is surging against the US Dollar, reaching six-month highs at 1.3739. Political uncertainties and tariff threats are pressuring the Dollar, while UK monetary policy remains stable. – vtmarketsmy.com

West Texas Intermediate oil stays around $60.50 as US supply increases amid ongoing tensions in the Middle East

WTI oil remains stable at $60.50 despite a 0.25% drop, balancing production recovery from winter storm impacts and ongoing geopolitical tensions, creating a volatile market climate ideal for strategic trading. – vtmarketsmy.com

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