1. U.S. stocks fell in early trading on Monday after Greeks overwhelmingly rejected conditions of a rescue package from creditors, throwing the future of the country's euro zone membership into further doubt.
Stock markets globally fell, but analysts said the declines were less than expected due to expectations that the European Central Bank would act to limit any damage.
The ECB's governing council is due to hold a conference call on Monday afternoon to discuss the provision of emergency funding to Greece's banks. The call was originally to be held at noon. A new bailout deal is needed for Greece to meet a July 20 deadline to repay $3.9 billion of bonds to the ECB.
2. The U.S. dollar rose to fresh two-and-a-half month highs against its Canadian counterpart on Monday, as demand for the safe-haven greenback strengthened broadly after Greek voters rejected conditions of a rescue package from creditors on Sunday.
USD/CAD hit 1.2652 during early U.S. trade, the pair's highest since April 13; the pair subsequently consolidated at 1.2650, gaining 0.62%.
The pair was likely to find support at 1.2540, Friday's low and resistance at 1.2668, the high of April 10.
3. Service sector activity in the U.S. grew at a slower pace than expected in June, one month after expanding at the weakest rate in more than a year, industry data showed on Monday.
In a report, the Institute of Supply Management said its non-manufacturing purchasing manager's index inched up to 56.0 last month, up from 55.7 in May but below forecasts for a reading of 56.2.
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