Iraq has agreed to new controls aimed at preventing US dollars from flowing to Iran and its militia allies in exchange for the Trump admin lifting a four-month suspension in shipments of American currency to Baghdad, WSJ reports, citing sources

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BlackRock's (BLK) Rick Rieder says they have pulled back and rebalanced a bit, speaking on companies more directly tied to AI

Mercedes-Benz (MBG GY) reports US Q2 sales: 84.5k units, -3.2% Y/Y

Iraq has agreed to new controls aimed at preventing US dollars from flowing to Iran and its militia allies in exchange for the Trump admin lifting a four-month suspension in shipments of American currency to Baghdad, WSJ reports, citing sources

US Consumer Credit Change (May) -0.18B vs. Exp. 17.5B (Prev. 20.73B)

Saudi Arabia is exploring a significant shift in the proposed India–Middle East–Europe Economic Corridor (IMEC), seeking to sideline Israel from the trade initiative by rerouting the corridor through Syria instead, according to Jeruslaem Post

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