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[MARKET UPDATE] Crude and Dollar rise, while stocks, bonds and gold take a hit as US Treaury revokes Iran General License X regarding authorised sale of Iranian oil, and US official warns of consequences to Iran's actions in Hormuz

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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)