Private sector employment increased by 190,000 jobs from July to August. Analysts were forecasting increase by 204,000. "The job growth numbers for August improved slightly from July," said Carlos Rodriguez, president and chief executive officer of ADP. "The employment gains for the month are in line with the year to date average."
Mark Zandi, chief economist of Moody's Analytics, said, "Recent global financial market turmoil has not slowed the U.S. job market, at least not yet. Job growth remains strong and broad-based, except in the energy industry, which continues to shed jobs. Large companies also remain more cautious in their hiring than smaller ones."
After the data USD gained few points. Euro is currently being traded around 1.1230 area, Sterling is few points above 1.5280 level, while Aussie is around 0.7020 area.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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