Tonight’s attention is US ADP employment statistics, ISM non-manufacturing business condition index

July ADP Employment Statistics [May-to-Month] Previously 2.369 million people expected 120 million people
July ISM non-manufacturing business index (overall) Previous 57.1 Forecast 55.0

It attracted attention as the outpost of the US employment statistics announced on July 7, and the general forecast for the number of private employees is 1.2 million, an increase of 2,369,000 from the previous month. Growth is expected to slow. If the new coronavirus infection is spreading again in a part of the United States in July and the growth in the number of private employees is lower than expected, the risk evasion move from the alarming US employment statistics announced on July 7. There is a possibility of coming out.
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Also, the US trade balance in June and the US ISM non-manufacturing business index in July will be announced. The US trade balance in June was expected to have a deficit of $50.2 billion, which is expected to shrink from the deficit of $54.6 billion in the previous month, and the US ISM non-manufacturing business index in July Most expectation is 55.0, which is below the previous month’s 57.1 and is expected to decline for the first time in 3 months.

A big US dollar sale is currently under way. The US ADP employment statistics and the ISM non-manufacturing business confidence index may cause some buybacks, but we assume that the basic trend will not change.

The sale of AUDJPY has already stopped.

Currently no position.

Currently, the power balance in 15 minutes is

AUD > CAD > CHF > EUR > GBP = NZD > JPY > USD

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