TS Illustration/JOHANNES EISELE/AFP/Getty

Here are five things you must know for Monday, June 17:

1. -- Stock Futures Rise Modestly Ahead of Fed Meeting

U.S. stock futures rose modestly on Monday as investors adopted a cautious stance on risk heading into this week's Federal Reserve meeting.

The U.S. central will begin its two-day rate-setting meeting Tuesday in Washington against a backdrop of moderately improving consumer strength and a broader economy growing at around 2.1%. Fed-watchers aren't expecting any changes to interest rates when the Fed makes a statement Wednesday afternoon, but will be looking for signals from Chairman Jerome Powell as to how - and when - the central bank will react to low inflation and a trade-led slowdown in the global economy.

Contracts tied to the Dow Jones Industrial Average rose 27 points, futures for the S&P 500 were up 3.20 points, and Nasdaq futures rose 15.75 points.

Gains were limited, however, by comments from Commerce Secretary Wilbur Ross, who told CNBC that the U.S. would make good on President Donald Trump's threat to slap fresh tariffs on $300 billion worth of Chinese imports if the two sides can't reach a trade pact.

"We will eventually make a deal, but if we don't, the president is perfectly happy with continuing the tariff movements that we've already announced, as well as imposing the new ones that he has temporarily suspended," Ross told CNBC during an interview at the Paris Air Show.

The economic calendar in the U.S. on Monday includes the Empire State Manufacturing Survey for June at 8:30 a.m. ET, and the National Association of Home Builders Housing Market Index for June at 10 a.m.

2. -- Trump Warns of Market Crash if He's Not Re-Elected in 2020

As Donald Trump prepares to launch his 2020 campaign, he posted a warning over Twitter: If he's not elected, the markets will crash.

"The Trump Economy is setting records, and has a long way up to go," wrote Trump on Twitter over the weekend. "However, if anyone but me takes over in 2020 (I know the competition very well), there will be a Market Crash the likes of which has not been seen before!"

The Trump Economy is setting records, and has a long way up to go....However, if anyone but me takes over in 2020 (I know the competition very well), there will be a Market Crash the likes of which has not been seen before! KEEP AMERICA GREAT

— Donald J. Trump (@realDonaldTrump) June 15, 2019

Trump has claimed several times this year and as recently as Friday that the U.S. stock market would be 5,000 to 10,000 points higher if the Federal Reserve hadn't raised interest rates four times in 2018.

Trump also announced on Twitter that his 2020 re-election campaign will launch Tuesday in Florida.

"Tuesday will be a Big Crowd and Big Day!" he said.

3. -- Boeing Faces Turbulence in Restoring Public's Confidence in 737 MAX

A poll found that 25% of people asked wouldn't fly on a Boeing (BA - Get Report) 737 MAX jet once the aircraft is again cleared to fly following two fatal crashes since October.

"As you may know, the Boeing 737 MAX airplane has been grounded by the federal government until problems with the planes have been corrected. If the government certifies that the problems of the Boeing 737 MAX airplane are corrected, will you fly on them just as readily as on any other planes, or will you try to avoid them even though they have been certified as safe or do you not have an opinion about this one way or the other?" asked the NBC News and Wall Street Journal poll of about 1,000 Americans earlier this month.
 
A quarter of respondents said they would avoid the jet, while 37% indicated they would get on board as readily as on any other airplane. A total of 36% of respondents said they had no opinion, with 2% saying they weren't sure.
 
The grounding of the 737 MAX, the world's most-sold jet, comes as the Paris Air Show begins this week. New product announcements likely are to be few at the industry's marquee event.
 
Boeing CEO Dennis Muilenburg said the aerospace giant made a "mistake" in handling a problematic cockpit warning system in 737 MAX jets before the two deadly crashes of the plane. 
 
Muilenburg told reporters in Paris on Sunday that Boeing's communication "was not consistent" and that's "unacceptable."
 
 
"We're going to bring a MAX back up in the air that will be one of the safest airplanes ever to fly," Muilenburg said Sunday. "But we also know it will take time rebuilding the confidence of our customers and the flying public, and this will be a long-term effort."
 

4. -- Deutsche Bank's Overhaul Includes Creation of 'Bad Bank' - Report

Deutsche Bank (DB - Get Report) is readying a revamp and may shut or slash all equity and trading business outside of Europe, according to a report in the Financial Times.

The bank, Germany's largest, is planning to "shrink or shut its U.S. equity and trading businesses," according to the report that cited people familiar with the bank's plans.

Deutsche Bank's push away from investment banking is part of an effort to rebuild the bank's trading operations and would include creating a "bad bank" - or none-core asset unit - that would hold billions of dollars in assets, according to the report.

That "bad bank" -- as it's described in the report -- would hold or sell off assets valued as much as €50 billion ($56.1 billion) after adjusting for risk. It would be made up mostly of long-dated derivatives, according to the Financial Times.

Deutsche Bank CEO Christian Sewing last month vowed to make "tough cutbacks" during a speech to investors at the struggling lender's  annual general meeting in Frankfurt.

"We will analyse (the bank's challenges) very closely and will be just as disciplined and uncompromising with this as we are with costs," Sewing said. "This means that we will further tighten our capital allocation and implement our hurdle rates rigorously group-wide. That benefits our shareholders."

"We're prepared to make tough cutbacks," he added. "We will accelerate transformation by rigorously focusing our bank on profitable and growing businesses which are particularly relevant for our clients. That is my pledge, and you can be sure of that."

5. -- Gary Woodland wins U.S. Open

Gary Woodland won his first U.S. Open title on Sunday, denying Brooks Koepka's bid for a third straight U.S. Open victory.

Woodland finished Sunday with a 30-foot birdie putt for a 2-under 69, giving him the lowest 72-hole score in six U.S. Opens at Pebble Beach and a three-shot victory over Koepka. 

Koepka closed with a 68, making him the first player with all four rounds in the 60s at a U.S. Open without winning.