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INSTANT VIEW 1-U.S. private sector adds 162,000 jobs in Sept-ADP

NEW YORK, Oct 3 (Reuters) - U.S. private employers added 162,000 jobs in September, topping economists' expectations, a report by a payrolls processor showed on Wednesday.

STORY: COMMENTS:

OMER ESINER, CHIEF STRATEGIST, COMMONWEALTH FOREIGN EXCHANGE, WASHINGTON

"A pretty good number. Not great but certainly better than expected. The main reaction appears to be in dollar/yen which is near highs of the session now. I am a little uncertain about what to do with euro/dollar given that the focus remains very much on Spain. Overall, the number is consistent with a slowly improving job market."

JOHN BRIGGS, DIRECTOR, MARKETS, RBS, STAMFORD, CONNECTICUT

"At 162,000, the ADP employment report was pretty close to expectations, though the number has done terribly at predicting anything. I expect no reaction."

MARKET REACTION: STOCKS: U.S. stock index futures added to their gains .

(Americas Economics and Markets Desk; +1-646 223-6300)

Keywords: USA ECONOMY/INSTANT