Data released moments before from the United States of America showed that the private sector, according to ADP estimates, added about 534 thousand jobs in the month of November, after adding 570 thousand in October, to come better than expectations that indicated the addition of 525 thousand jobs.

In details, the commodity production sector added about 110 thousand jobs, while the construction sector added about 52 thousand jobs, and the manufacturing sector added about 7 thousand jobs, while the largest increase came from the services sector, including education, health and entertainment, adding about 424,000 jobs.

The markets are awaiting the manufacturing purchasing managers’ index issued by the Institute of Supply ISM after less than two hours, as it is estimated that the index rose to 61.3 points in November, compared to 60.8 points in the October reading.

In addition to the manufacturing index, US Federal Reserve Chairman Jerome Powell will complete his testimony before the House Financial Services Committee at the beginning of the American session today, Wednesday, after he finally admitted in his testimony yesterday that inflation is high, and therefore the markets are awaiting any additional hints today regarding accelerating the pace of reducing purchases or any image of what it will be.

The situation in the next meeting in the middle of the month, in addition to any statements regarding the Fed’s raising interest rates.

The general index of the US dollar is trading at 95.91 levels before the opening of the US markets today, Wednesday.