A report on U.S. durable goods orders in May will be out at 7:30 a.m. CDT Tuesday, followed by May U.S. new home sales and a report on U.S. consumer confidence in June at 9 a.m. Traders remain keen on the latest weather forecasts and USDA has not had a daily export sales announcement since June 9.
Weather
Another couple of disturbances will be moving through the Plains on Tuesday, over the top of a strong heat ridge in Texas. Thunderstorms could be very strong in a few areas, especially along the Kansas-Oklahoma border, where conditions are more favorable for very strong winds out of a convective system that may invoke the term derecho if it comes together.