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Global Markets

The Bank of China HK (3988 HK) and HSBC (0005 HK) have raised mortgage cash rebates in Hong Kong, with the cash rates for mortgages having been increased to up to 1.4% (prev. 1.2%)

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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

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

U.S. Economy

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