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TL;DR
- The ADP jobs report has come in way over the level analysts were projecting, with 497,000 new jobs added for June
- The Bureau of Labor Statistics US jobs report was far more downbeat, with 209,000 new jobs added against consensus predictions of 240,000
- Meta’s attempted takedown of Twitter has officially launched, with Threads adding 30 million users overnight
- Top weekly and monthly trades
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Major events that could affect your portfolio
The jobs figures for June have been released and the private sector results have smashed expectations, while the overall US jobs report was more muted. There are two different jobs reports that come out each month within a few days of each other (yep, how unusual for economic data to be complicated!), the ADP jobs report and the Bureau of Labor Statistics (BLS) US jobs report.
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