Institutions’ forecasts for US July ADP private payrolls (due tonight 20:15,
prior +98k): range +50k to +85k, Reuters +70k. Selected forecasts: TD Securities
+50k; BNP Paribas +60k; Capital Economics +60k; Deutsche Bank +60k; HSBC +62k;
Sumitomo Mitsui +62k; Goldman Sachs +65k; ING +65k; Scotiabank +65k; BMO +65k;
Standard Chartered +70k; PNC +72k; Mizuho +75k; Monex Group +75k; Helaba +75k;
Morgan Stanley +75k; Commerzbank +85k.