US June S&P Global Manufacturing PMI final will be released in 10 minutes.

Federal Reserve Chair Kevin Warsh said prices are too high and the Fed will achieve price stability.

UK Maritime Trade Operations (UKMTO) reported two security incidents in waters south of Balhaf, Yemen on July 1 local time. In the first, four armed individuals in a skiff approached and illegally boarded a merchant vessel, damaging the wheelhouse and accommodation; crew sheltered in the citadel and are reported safe. The skiff later left but remained in the area. In the second incident a skiff approached a tanker about 85 nm south of Balhaf before departing south; crew and vessel continued on their voyage. UKMTO said authorities are investigating and urged transiting vessels to increase vigilance and report suspicious activity.