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U.S. Markets

Capri (CPRI) targets Michael Kors returning to growth this FY and scaling longer-term revenue to approx. USD 4bln (exp. USD 2.9bln this year) and Jimmy Choo expected to grow to USD 800mln from USD 600mln

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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)