US macro data and Treasury refunding
ADP beat expectations at +86K, the trade deficit narrowed to $105B, and Treasury set refunding at $125B in line with estimates. Sweden hiked and Poland held.
What we know
ADP printed 86K versus 67K expected, and the trade deficit narrowed to $105.0B. Treasury refunding is $125B, with auctions on Nov 9, 10 and 12. Sweden hiked 25 bps to 2.00%, and Poland held for an eighth month.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.