US Premarket Futures Mixed as Trade Deal Prospects Rise Amid Earnings Insights

# US Premarket: Futures Mixed as Trade Deal Prospects Rise Amid Earnings Insights

**Note**: This analysis is generated during US premarket, markets closed but futures trading. Event times in US Eastern Time.

## Major News

Global market sentiment remains mixed amid significant developments in trade negotiations and corporate earnings. U.S. futures showed slight upward movement for the S&P 500, which gained 0.03%, while the Nasdaq rose by 1.09%. However, Dow futures dipped by 0.15%. European indices faced downward pressure, with the Euro Stoxx 50 falling by 0.19%, the DAX down 0.52%, and the FTSE 100 declining by 0.36%. The Nikkei also experienced a slight decrease of 0.15%.

Treasury Secretary Scott Bessent indicated a potential trade deal with China before the November deadline, driven by ongoing discussions related to TikTok. This news may have contributed to the cautious optimism in U.S. futures. However, a CNBC survey highlighted concerns regarding President Trump’s influence on the Federal Reserve, with fears of higher inflation and weaker economic growth.

In commodities, sunflower oil prices surged in Europe due to low yields expected from Ukraine, reflecting the impacts of a dry summer. The market is also keeping a close eye on Meta’s AI-powered smart glasses, which could affect investor sentiment.

## Performances

### US Futures

US futures indicate opening sign for cash market.

### Major US Indices (Previous Close)

### FX Performance

### Commodities Performance

### BTC and ETH Performance

## High-Importance Economic Events

On September 16, 2025, several key economic events influenced market sentiment, particularly concerning the GBP and USD.

For the GBP, the Average Earnings Index matched expectations at 4.7%, while the Claimant Count Change revealed a larger-than-forecast increase of 17.4K, compared to the anticipated 15.3K. Employment Change surpassed expectations at 232K versus 220K, and the Unemployment Rate held steady at 4.7%. These labor market indicators suggest resilience in the UK economy, potentially supporting the GBP against other currencies.

In the Eurozone, the German ZEW Economic Sentiment significantly outperformed forecasts at 37.3, compared to 25.3, indicating improved investor outlook. However, the ZEW Current Conditions fell short at -76.4 against expectations of -75.0, reflecting mixed sentiment. The EUR may experience volatility as these contrasting signals are digested by investors.

In the U.S., core retail sales rose by 0.7%, exceeding the forecast of 0.4%, which may bolster the USD as it signals consumer strength. Retail sales also beat expectations at 0.6% against 0.2%. These positive figures could support expectations for