Events in the US Today (EDT): • 7:00am - Mortgage Statistics [1/3 Volatility] • 7:30am - Challenger Job Cuts (YoY&Jun) [1/3 Volatility] • 8:15am - ADP Nonfarm Employment Change (Jun) [3/3 Volatility] • 9:00am - The House convenes for session • 9:30am - Seevol Cushing Storage Report [2/3 Volatility] • 9:45am - Manufacturing PMI (Jun) [2/3 Volatility] • 10:00am - ISM Manufacturing PMI (Jun) [3/3 Volatility] • ISM Manufacturing Employment (Jun) [2/3 Volatility] • Chicago Fed Evans Speaks [1/3 Volatility] • The Senate meets to resume consideration of the National Defense Authorization Act • 10:30am - Crude Oil Inventories [3/3 Volatility] • Cushing Crude Oil Inventories [2/3 Volatility] • 2:00pm - FOMC Meeting Minutes [3/3 Volatility] • 7:00pm - Total Vehicle Sales [1/3 Volatility] • Tuesday night, the Senate approved a five-week extension of the Paycheck Protection Program, the small-business loan program, until August 8 • It will now head to the House as lawmakers in the lower chamber prepare to depart for the July 4 recess, which will last nearly two weeks • Today, the United States-Mexico-Canada Agreement takes effect ("NAFTA 2.0") • In congressional testimony on Tuesday, Treasury Secretary Steven Mnuchin said he expects more government stimulus funding to be approved by the end of July, with up to $140 billion in small business loans potentially redirected to support restaurants, hotels and other industries most impacted by the coronavirus pandemic. • Federal Reserve Chairman Jerome Powell emphasized that the outlook is “extraordinarily uncertain.” • U.S. Department of Transportation’s Office of Inspector General report on the Boeing 737-MAX timeline of events is set to be released today • California Gov. Gavin Newsom will announce "aggressive" coronavirus restrictions Wednesday ahead off the Fourth of July holiday weekend. In Oregon, face masks are required starting Wednesday. • VPOTUS & Dr. Birx will travel to Phoenix, Arizona to meet with Gov. Doug Ducey, public health officials and health care representatives to discuss the grim surge of new cases and hospitalizations Events in the Euro Zone & UK Today (EDT): • 2:00am - UK Nationwide HPI (YoY&MoM-Jun) [2/3 Volatility] • Germany Retail Sales (MoM-May) [2/3 Volatility] • 3:15am - Spain Manufacturing PMI (Jun) [2/3 Volatility] • 3:45am - Italy Manufacturing PMI (Jun) [2/3 Volatility] • Euro Zone ECB's Panetta Speaks [2/3 Volatility] • 3:50am - France Manufacturing PMI (Jun) [2/3 Volatility] • 3:55am - Germany Manufacturing PMI (Jun) [3/3 Volatility] • Germany Unemployment Change (Jun) [3/3 Volatility] • Germany Unemployment Rate (Jun) [2/3 Volatility] • 4:00am - Euro Zone Manufacturing PMI (Jun) [2/3 Volatility] • 4:30am - UK Manufacturing PMI (Jun) [3/3 Volatility] • 7:00am - UK MPC Member Haskel Speaks [2/3 Volatility] • 8:15am - Germany Buba Mauderer Speaks [2/3 Volatility] • 11:00am - Germany Buba Wuermeling Speaks [2/3 Volatility] Events in the World (EDT): • DAY - Hong Kong Administrative Region Establishment Holiday • DAY - Canada Day Holiday • 3:30am - Switzerland PMI (Jun) [2/3 Volatility] • 6:00pm - New Zealand NZIER Business Confidence (Q2) [2/3 Volatility] • 7:00pm - CPI (YoY-Jun) [2/3 Volatility] • 9:30pm - Australia Trade Balance (May) [2/3 Volatility] • 11:35pm - Japan 10-Year JGB Auction [2/3 Volatility] • International travel to European countries will resume Wednesday, allowing travelers from 14 countries but excluding Americans. Earnings Before Open: • Macy's, General Mills, Constellation Brands, Capri Holdings Ltd, UniFirst, Schnitzer Steel Indus Earnings After Close: • Culp, Inc.Trade: BYND.