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0 0.00332767628365113 0.00828591394629134 0.00988319856244394 0.00991647532528042 0.00991647532528042 0.00971681474826134 0.00698812019566744
Stock impact report

Pound, gold and oil prices in focus: commodity and currency check, 5 December [Yahoo! Finance]

Automatic Data Processing, Inc. (ADP) 
Last automatic data processing, inc. earnings: 4/29 06:56 am Check Earnings Report
US:NASDAQ Investor Relations: investors.adp.com
Company Research Source: Yahoo! Finance
This comes as investors digested comments from central bankers both in the UK and the US. The Financial Times reported that Bank of England governor Andrew Bailey expected four interest rate cuts next year. In the US, Federal Reserve chair Jerome Powell said in an interview on Wednesday that the "US economy is in very good shape and there's no reason for that not to continue". Powell didn't suggest what the Fed might do on interest rates in its final policy meeting of the year later this month. However, he did say that because the economy is stronger than the central bank thought earlier in the fall, "we can afford to be a little more cautious." However, Deutsche Bank Research's macro strategy team said: "US Treasury yields fell across the curve thanks to some weaker than expected data. "In light of that, investors dialled up the likelihood of a December rate cut from the Fed, with futures taking the probability up to a three-week high of 77.5% by the close." Read more: FTS Show less Read more
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