EPISODE · Jul 2, 2025 · 39 MIN
ADP Surprises With Negative Jobs Number, A New UK Gilt Crisis
from Nobody Special Finance · host Nobody Special Finance
The ADP private payrolls number surprised this morning with a loss of 33 thousand jobs when the market was expecting a gain of 100K. This has traders worried about tomorrow's more important Non-Farm Payrolls number. Elsewhere borrowing costs in the UK have suddenly spiked in a manner eerily reminiscent of the Gilt Crisis in 2022 that resulted in Prime Minister Liz Truss resigning.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
What this episode covers
The ADP private payrolls number surprised this morning with a loss of 33 thousand jobs when the market was expecting a gain of 100K. This has traders worried about tomorrow's more important Non-Farm Payrolls number. Elsewhere borrowing costs in the UK have suddenly spiked in a manner eerily reminiscent of the Gilt Crisis in 2022 that resulted in Prime Minister Liz Truss resigning.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
NOW PLAYING
ADP Surprises With Negative Jobs Number, A New UK Gilt Crisis
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.