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[MARKET UPDATE] Asia-Pac stocks begin mixed in holiday-thinned conditions and amid some optimism regarding a US-Iran deal after President Trump announced an agreement has largely been negotiated, but also informed representatives not to rush into a deal

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Geopolitics

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

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

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