FX.co ★ US Futures Steady to Start the Week

US stock futures remained stable on Monday, buoyed by a slight easing in US-China trade tensions. Investors now shift their attention to crucial earnings announcements and significant inflation data anticipated later in the week. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are poised to convene soon to diffuse current tensions, which could pave the way for a potential meeting between Presidents Trump and Xi later this month. Investor focus will also be directed to the quarterly earnings reports from companies such as Netflix, Coca-Cola, Tesla, IBM, and Intel, especially as the ongoing government shutdown has led to a data blackout, prompting markets to rely more on corporate guidance. Meanwhile, the September Consumer Price Index (CPI) report, due on Friday, is projected to reveal persistently high inflation levels. Last week, major stock indexes exhibited significant volatility, influenced by renewed trade concerns, challenges within regional banks, and profit-taking in shares related to artificial intelligence.