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 Stabilizes Despite Higher Oil Prices
Cocoa loses 5% amid rising inventories on ICE
Oil gains 3% amid US - Iran escalation and supply disruption on the Black Sea
🔼 Gold gains 1.7%