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Geopolitics

Dispute over the opening of the Strait of Hormuz drove a wedge into US-Saudi relations, with Trump threatening to halt supply of drone and missile interceptors after Saudi refused access to bases and airspace for Project Freedom, according to WSJ

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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

Pakistani sources say Pakistan PM Sharif and Army Chief Munir will visit Saudi Arabia tomorrow, Al Hadath reports

U.S. Economy

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