Jin10 data reported on April 2, analysts from the financial website Forexlive, Adam Button, stated that looking at the poor data from February, the March ADP data in the United States is a good rebound. There is no evidence indicating that layoffs were caused by policy uncertainty (at least outside the government), and with this rebound, there is also not much evidence showing a shortage of hiring. Business sentiment is low, so this situation may change, but the mismatch between hard data and soft data continues.
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Institution: ADP data showed a nice Rebound
Jin10 data reported on April 2, analysts from the financial website Forexlive, Adam Button, stated that looking at the poor data from February, the March ADP data in the United States is a good rebound. There is no evidence indicating that layoffs were caused by policy uncertainty (at least outside the government), and with this rebound, there is also not much evidence showing a shortage of hiring. Business sentiment is low, so this situation may change, but the mismatch between hard data and soft data continues.