ADP private payrolls took center stage as the US shutdown, which has stifled the flow of official data, became the longest ever.

Gold prices rise in early trading as investors await U.S. private payroll data for cues on the Federal Reserve’s next policy move. Futures in New York are up 0.9% to $3,991.60 a troy ounce. “Gold prices rebounded toward $4,

U.S. job growth surged much more than expected in July and the unemployment rate ticked lower, giving the Federal Reserve enough cushion to stay on its aggressive rate hike path as it tries to tame inflation.

Meanwhile, higher service sector output and a firm rise in incoming new business also came with a souring outlook, according to the S&P Global US Services PMI, published on Wednesday. The survey showed confidence about the future fell to a six-month low.

Treasury yields rose as the U.S. economy showed signs of resilience while the Supreme Court mulled arguments over the legality of President Trump’s tariffs.

Australian shares are poised to climb at the open after US stocks rebounded overnight, buoyed by upbeat third-quarter earnings and better-than-expected economic data.