美国ADP就业人数增加4.1万人，工资压力保持不变。美国私营部门的就业在2025年底复苏，ADP报告称12月就业人数增加了4.1万人，但未达到5万人的预期。招聘仍然不平衡，商品生产岗位减少了3000个，而服务提供岗位增加了4.4万个。

US ADP jobs rose 41k, wage pressures hold firm.US private-sector job recovered at the end of 2025, with ADP reporting a 41k rise in employment in December, but missed expectations of 50k. Hiring remained uneven, with goods-producing jobs slipping -3k, while service-providing roles rose 44k.

12月美国ADP就业变化低于预测（47K）：实际（41K）。12月美国ADP就业变化低于预测（47K）：实际（41K）

United States ADP Employment Change below forecasts (47K) in December: Actual (41K).United States ADP Employment Change below forecasts (47K) in December: Actual (41K)

调查现场欧洲市场结束：美元在ADP之前保持稳定，贵金属降温。今天欧洲股市的头条新闻并不多。从亚洲移交后，澳元在通胀数据疲软但不稳定后走高，再次证实了澳大利亚储备银行2月份加息的可能性。

investingLive European markets wrap: Dollar steady ahead of ADP, precious metals cool off.There wasn't too much in the headlines in European trading today. The handover from Asia saw a higher Australian dollar after the softer but stickier inflation data, reaffirming the potential for a rate hike by the RBA in February.

疲软的美元前景将伴随着对美联储独立性的担忧而徘徊。路透社调查的货币策略师对美元的前景在2026年初仍然看跌，由于对美联储独立性和利率下降可能性的持续担忧，预计到年底美元将小幅下跌。

Soft US dollar outlook set to linger along with Fed independence worries.The outlook for the U.S. dollar among currency strategists polled by Reuters remains bearish at the start of 2026, with a modest decline expected by year-end based on persistent concerns around Federal Reserve independence and the possibility of lower interest rates.