US Stock Futures Pause Before PCE Data; Yen Jumps: Markets Wrap.

US stock futures remained steady at the end of a week that saw record highs in Wall Street and Europe due to optimism surrounding central bank easing and stimulus from China. The yen strengthened following the Japanese election results. Traders are awaiting the Federal Reserve's preferred inflation indicator for insights into the future of interest rates. China's stimulus announcements, along with expectations of interest rate cuts from the Fed and the European Central Bank, have increased risk appetite in the markets. [Extracted from the article]