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Private processor ADP's National Employment Report is likely to show that private employers
added 200,000 jobs in June, a jump from May's below par 179,000 new jobs. The report foreshadows
the Labor Department's employment data to be released Thursday, and will provide an early read
on the performance of the labor market in June. (0815/1215) Separately, the Commerce Department
is scheduled to release new orders for manufactured goods for May, which is expected to decline
by 0.3 percent. (1000/1400)
Fed Chair Janet Yellen delivers a lecture on financial stability at the International Monetary
Fund, and participates in a conversation with IMF Managing Director Christine Lagarde. The issue
of whether financial stability should be one of Fed's mandates is a heated subject, even within
the U.S. central bank, with some arguing that it should focus only on unemployment and
Constellation Brands, which makes Svedka Vodka and Robert Mondavi wine, is scheduled to report
first-quarter results. The company had said that higher spending to increase capacity at a
Mexican brewery would hit profits in the year ending February 2015. It is expected to have had
exceptional quarterly sales of beers, an area where the company has been concentrating growth
efforts as sales of its wines and spirits stagnate.
The Canadian arms of Ford, General Motors and Chrysler are scheduled to release June auto sales.
The data will follow an all-time monthly record set in May, as pent-up demand helped drive a 5.7
percent jump in auto sales.
Brazil's statistics agency is scheduled to release report on May's industrial output.
Manufacturers have consistently been the weakest link in Brazil's economy as they struggle with
competition from abroad, high tax and labor costs, as well as poor infrastructure. (0800/1200)
The U.S. Securities and Exchange Commission and lawyers for Texas business brothers Samuel and
Charles Wyly are scheduled to return to court to argue over the agency's remaining claims that
the two engaged in insider trading, following a jury's finding in May that they committed fraud
by creating a secret scheme involving offshore trusts that netted them $550 million in illegal
trading profits. The proceedings are before U.S. District Judge Shira Scheindlin.
(Compiled by Sourav Bose in Bangalore; Editing by Savio D'Souza)