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On the U.S. economic monitor, JOLTS job openings data is likely to show vacancies easing to around 7.300 million in May, down from 7.618 million in April. Separately, April's monthly home price data from the Federal Housing Finance Agency are due. Additionally, the Conference Board's consumer confidence index is expected to improve to 94.6 in June from 93.1 previously. Meanwhile, Chicago PMI data is also expected, with a likely reading of 56 for June.

Nike is expected to report its fourth-quarter revenues, hurt by weak demand in key markets such as North America and China as the sportswear giant struggles to keep up with competition. Investors will watch out for comments around the progress of its turnaround under CEO Elliott Hill.

Federal Reserve Bank of Cleveland President Beth Hammack is set to make a television appearance on CNBC. (1040/1440)

Corona beer maker Constellation Brands is expected to post its first-quarter revenue, helped by strong beer demand. Investors will look out for commentary on demand, pricing actions and annual forecasts.

For Canada, its gross domestic product data for April is expected to show a 0.4% expansion, rebounding from a 0.1% contraction in the previous month. Additionally, Canada’s budget balance data for April is due.

On the Latin American monitor, Brazil's primary budget data for May is due, which is projected to show a deficit of around 53 billion reais, compared with a surplus of 24.624 billion reais posted in April. Additionally, the country’s TJLP lending rate for the third-quarter and producer price data for May will be released. The nation's CAGED net payroll jobs figures are also due, with employment gains expected to rise to around 115,000 in May from 85,888 previously. In Chile, jobless rate for May will be released, with the unemployment rate seen holding at 9.1%, same as the month before. Chile's manufacturing output figures for the same month are also scheduled for release.