ADP estimates a decrease in private sector employment in October.

According to Odaily Planet Daily, ADP estimates that the private sector lost 11,250 jobs per week in the four weeks ending October 25. This is the latest in ADP's weekly data series, which estimates changes in private sector employment over the previous month. Another data series released last week projected a 42,000 increase in private sector jobs in October. This data aims to more closely replicate the non-farm payroll report. Following the data release, the US dollar index (DXY) briefly plunged, non-US currencies rose collectively, and spot gold edged higher. (Golden Ten)