FX.co ★ US Futures Edge Higher to Start the Week

US stock futures saw a modest increase on Monday as Wall Street aims to build on two weeks of gains spurred by optimism surrounding possible interest rate cuts. In the past week, the Dow rose by 1.71%, the S&P 500 increased by 0.94%, and the Nasdaq Composite grew by 0.81%, with all three indices reaching new record levels. Investors are becoming increasingly confident of a Federal Reserve interest rate cut in September, despite recent mixed signals from inflation and employment data. This week, attention will be on the Federal Reserve's annual economic policy symposium in Jackson Hole, Wyoming, for insights on future interest rate policies. On the corporate earnings front, major retailers such as Home Depot, Lowe’s, Walmart, and Target will be under scrutiny. In the geopolitical sphere, attention is shifting to Washington, where U.S. President Donald Trump is scheduled to meet with Ukrainian President Volodymyr Zelenskiy to further peace discussions with Russia.