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What does ADP data mean and what is the relationship with spot crude oil?
ADP data, the full name of which is ADP employment data in the United States, is called "small non-agricultural" by the market. It is an early prediction of the non-agricultural employment population in the United States, which has a great impact on the foreign exchange of gold and silver and indirectly affects the crude oil market.

ADP's National Employment Report is sponsored by ADP, and the macroeconomic consultant is responsible for the formulation and maintenance. This report is collected from about 500,000 anonymous American enterprises and reflects the employment situation in the United States. Spot crude oil investment Shanghai natural mineral oil price

Announcement time: it will be announced on Wednesday at 20: 15 (2 1: 15 in winter time) in the first week of each month.

There are four main data we need to pay attention to in crude oil investment: ADP data, unemployment benefits data, EIA crude oil inventory data and non-agricultural data.