The statistics from ADP which is created to anticipate the official given Fridays, has depicted a little weaker picture, but it will be not so clever to be assured in it because of essential deviations in two statistical numbers. ADP have estimated employment falling in September on 39 thousand after August growth on 10. It assumes that employment in a private sector most likely will grow in September (usual ADP publishes weaker data on growth), but not on expected by the market of 75 thousand. The mixed market reaction on the publication reflects that fact that the data was not so weak that the market could assume employment falling in a private sector according to official figures.
Data on given out mortgage loans in the USA creeps upwards. The statistics leaves weekly, therefore sometimes there is a risk to run into week cycles. So, the index has considerably grown up for last couple of weeks to levels which were observed in the beginning of February of this year. However, still there is a whole heap of unsold stocks in the USA, and the index was on a 15-year-old minimum only three months ago.
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