U.S. February ADP Employment Data to Be Released Tonight

The U.S. February ADP employment figures are set to be announced tonight at 21:15 (UTC+8). According to BlockBeats, various institutions have provided their forecasts for the 'small non-farm' data. Societe Generale predicts an increase of 40,000, while Deutsche Bank, Goldman Sachs, HSBC Holdings, and Standard Chartered Bank each anticipate a rise of 50,000. BNP Paribas expects a slightly higher increase of 52,000, and ING forecasts 55,000. Pantheon Macroeconomics projects a growth of 60,000, with Mizuho Securities estimating 65,000. Lloyds Bank predicts an increase of 70,000, and Bank of America expects a rise of 75,000. Reuters' forecast aligns with several others at 50,000.