A report on June U.S. housing starts is due out at 7:30 a.m. CDT Tuesday. Traders continue to pay close attention to the latest weather forecasts and will pause at 8 a.m. CDT to see if USDA has an export sale announcement. After Monday's risk-off selling, coronavirus infection counts will get more attention again.
Weather
A lingering frontal boundary across the South and Southeast will continue to produce scattered showers Tuesday. Another near the U.S.-Canada border will produce some isolated showers as well. The middle of the country should stay dry, benefiting the continued winter wheat harvest.