FX.co ★ US Futures Rise as Trump Announces EU Trade Deal

U.S. stock futures experienced an upswing on Monday following President Donald Trump's announcement of a new trade deal with the European Union, which incorporates a 15% tariff on European goods, a reduction from the initially proposed 30%. As the week progresses, the market is preparing for a busy slate of corporate earnings, a significant policy decision from the Federal Reserve, and crucial economic data releases. More than 150 companies within the S&P 500, including major tech firms such as Meta Platforms, Microsoft, Amazon, and Apple, are scheduled to disclose their earnings. Although the Federal Reserve is broadly anticipated to maintain interest rates on Wednesday, market participants will be keenly observing for any hints concerning the timing of the next rate reduction. Regarding economic data, the upcoming Personal Consumption Expenditures (PCE) report, recognized as the Fed's favored measure of inflation, will provide new insights into the effects of tariffs on consumer prices. Additionally, labor market statistics will attract attention, culminating in the highly anticipated monthly employment report set to be released on Friday.