Automatic Data Processing (ADP) Employment Change. USA, 15:15 (GMT+2) 05 Feb

05Feb.202514:15

Automatic Data Processing (ADP) Employment Change. USA, 15:15 (GMT+2)

At 15:15 (GMT+2), the US will release January Nonfarm Payrolls data from Automatic Data Processing (ADP), based on a survey of about 400.0 thousand business sources. The release is used as a predictor of the government's Labor Market Report. A correction of the value from 122.0 thousand to 149.0 thousand is expected.

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05 Feb. 2025 14:30

Trade Balance. USA, 15:30 (GMT+2)

The data on the US Trade Balance for November will be released at 15:30 (GMT+2). This indicator captures the difference between the number of payments for exported and imported goods, and its increase is a positive factor for the national currency. The balance sheet deficit is expected to accelerate from –78.20 billion dollars to –97.10 billion dollars, putting pressure on the US dollar.

05 Feb. 2025 15:00

ISM Manufacturing PMI. USA, 16:00 (GMT+2)

ISM Manufacturing PMI for January is due at 16:00 (GMT+2). The indicator is compiled from the enterprises’ responses about their purchasing activities and supply situations. At the same time, the attitude of purchasing managers to the current economic situation and prospects for its further development is evaluated. A correction from 54.1 points to 54.2 points is expected, which, in turn, will act as a driver of the upward dynamics of the US dollar exchange rate.

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