ADP report for July: 104,000 (expected: 75,000; previous: -33,000)

Very strong data compared to expectations and a clear improvement over the previous reading (although the NFP report for June was positive).
Daily Summary: Wall Street Gains After CPI Data 📈 Gold and EURUSD Move Lower
Wheat jumps 4% 🔼 USDA estimates lowest U.S. crop since 1970
U.S. crude inventories surge 📈 EIA raises oil price forecast
Gold gains 1.5% 📈