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[MARKET UPDATE] Asia-Pac equities open lower (KOSPI -1.6%, Nikkei 225 -0.3%, ASX 200 -0.1%); Samsung Electronics (-3%) slumps despite Q2 op. profit beat, highlighting the continued volatility of South Korean tech

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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)