Core Insights - The ADP employment report for May indicates an increase of 37,000 jobs, which is significantly lower than the expected increase of 110,000 jobs and the previous month's increase of 62,000 jobs [1] Group 1 - The hiring pace in the U.S. reached its lowest level since March 2023 [1]

Core Insights - The ADP employment number for May recorded an increase of 37,000, marking the smallest growth since March 2023, while the market expectation was for an increase of 110,000 [1] Employment Data - The employment increase of 37,000 in May is significantly lower than the market forecast of 110,000 [1] - This figure represents the lowest growth in employment since March 2023, indicating a potential slowdown in job creation [1]

Core Viewpoint - The release of the ADP employment figures in the United States led to a short-term increase in spot gold prices by $6, currently reported at $3353 per ounce [1] Group 1 - The ADP employment report is a significant economic indicator that can influence market sentiment and commodity prices [1] - The immediate reaction in the gold market suggests a correlation between employment data and investor behavior towards safe-haven assets like gold [1]

美国5月ADP就业人数3.7万人，预期11万人，前值6.2万人。 ...

美国5月ADP就业人数将于十分钟后公布。 ...

Economic Data Releases - Australia's Q1 GDP data will be released, providing insights into the country's economic performance [1] - France's final services PMI for May will be published, indicating the health of the services sector [2] - Germany's final services PMI for May will also be released, contributing to the understanding of the economic landscape [3] - The Eurozone's final services PMI for May will be available, reflecting the overall services sector performance in the region [4] - The UK's final services PMI for May will be announced, offering a glimpse into the British services industry [5] - The US ADP employment figures for May will be disclosed, which are crucial for assessing job market trends [6] - Federal Reserve's Bostic will participate in an event, potentially providing insights into monetary policy [7] - The final services PMI for May from S&P Global in the US will be released, further informing on the services sector [8] - The Bank of Canada will announce its interest rate decision, impacting monetary policy and economic outlook [9] - The US ISM non-manufacturing PMI for May will be published, which is a key indicator of economic activity [10] - The EIA crude oil inventory data for the week ending May 30 will be released, affecting energy market dynamics [11] - The Federal Reserve will publish its Beige Book on economic conditions, offering qualitative insights into the economy [12]

Key Points - The article highlights significant economic data and events to be monitored on June 4, 2025, including speeches from Federal Reserve officials and various PMI reports from different countries [1] Group 1: Federal Reserve Events - Federal Reserve's Goolsbee will participate in a Q&A session at 00:45 [1] - Federal Reserve Governor Cook will deliver a speech regarding the economic outlook at 01:00 [1] - Federal Reserve officials Bostic and Cook will attend an event at 20:30 [1] - The Federal Reserve will release the Beige Book at 02:00 the following day [1] Group 2: Economic Data Releases - API crude oil inventory data for the week ending May 30 will be released at 04:30 [1] - Australia's Q1 GDP year-on-year data will be available at 09:30 [1] - ADP employment numbers for May will be published at 20:15 [1] - ISM non-manufacturing PMI for May will be released at 22:00 [1] Group 3: PMI Reports - Final services PMI for France in May will be reported at 15:50 [1] - Final services PMI for Germany in May will be reported at 15:55 [1] - Final services PMI for the Eurozone in May will be reported at 16:00 [1] - Final services PMI for the UK in May will be reported at 16:30 [1] Group 4: Oil Inventory Reports - EIA crude oil inventory data for the week ending May 30 will be released at 22:30 [1] - EIA Cushing crude oil inventory data for the week ending May 30 will be released at 22:30 [1] - EIA strategic petroleum reserve inventory data for the week ending May 30 will be released at 22:30 [1] Group 5: Central Bank Decisions - The Bank of Canada will announce its interest rate decision at 21:45 [1]

美国4月ADP就业人数 6.2万人，预期11.5万人，前值15.5万人。 ...

美国4月ADP就业人数增加6.2万人，预估为增加11.5万人，前值为增加15.5万人。 ...

提醒：北京时间20:15，将公布美国4月ADP就业人数（小非农）。 ...