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: SpaceX and the tech sector drive Wall Street, oil retreats sharply below $97
Russia is selling off gold reserves. Why, to whom, and does it matter for the market?
BREAKING: US oil inventories fall more than expected, but distillate build cools enthusiasm
RBA turns increasingly hawkish as markets reprice November rate hike expectations ⚔️