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Global Economy

CBRT purchased USD 4.5bln of FX last week; central bank's gross reserves were up USD 1bln, taking it to USD 160bln; Net reserves increased by USD 1.5bln, taking it to USD 47.5bln

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U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)