WS #13458
Holding: newest synthesis is 97d 6h old
ADP jobs miss (44k) and ISM Services PMI below estimates with employment contraction reinforce Fed patience, but Fed's Kashkari voted for a hike, creating a hawkish counter.
Weak ADP and ISM services data
ADP jobs miss (44k) and ISM Services PMI below estimates with employment contraction reinforce Fed patience, but Fed's Kashkari voted for a hike, creating a hawkish counter.