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South Korean government to provide KRW 320 bln for development of advanced shipbuilding technologies

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Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes

U.S. Economy

US S&P Global Services PMI Final (Jul) 54.6 vs. Exp. 53.6 (Prev. 51.2)