French presidency says Macron and Syrian President Shala will sign multiple bilateral agreements tomorrow.

Asia's loan market showed no rebound entering H2, with APAC excluding Japan loan issuance in USD, EUR and JPY down 15% YoY to $69.0 billion in H1 — the weakest first half in 16 years. Bankers say spillovers from the Iran war have delayed investment and deal activity and prompted tighter lender risk reviews, lengthening financing timelines. These headwinds could persist through the rest of the year, and competition may compress some loan spreads. BARCLAYS' head of Asia loan syndicate Andrew Ashman said: "With rising uncertainty, corporate confidence has weakened," adding that an expected M&A-driven pickup in loan volume has not materialised and geopolitical tensions may continue to affect future new loan activity.

Final S&P Global US Services PMI for June due in 10 minutes.