India June manufacturing PMI (preliminary) 54.5, expected 56.2, prior 55.0.

Trump signed two executive orders to speed advanced quantum computing R&D and reduce related security risks. One order, signed Monday, directs federal agencies including the Department of Energy to work with industry and academia to deploy a quantum computer usable for scientific research by 2028, a benchmark intended to demonstrate practical capability. The second directs agencies and security experts to prepare for quantum systems that could break standard encryption sooner than expected and to strengthen government and private-sector defenses to protect critical infrastructure.

Spot silver plunged 4.00% intraday to $62.47/oz.