Crude oil prices remain stable, with Brent holding around $107 per barrel ahead of the US-China summit. This stability follows strong gains earlier in the week, reflecting ongoing market interest in geopolitical developments. Meanwhile, US equity index futures are rebounding from recent losses, with the US500 up 0.3% and the US100 gaining 0.8%, as traders embrace the “buy the dip” narrative following higher-than-expected inflation data.

In corporate news, Nvidia’s pre-market rise of 2.5% is fueled by speculation that CEO Jensen Huang may join President Trump on his China visit, potentially paving the way for new chip-related agreements. Conversely, Deutsche Telekom and Siemens reported mixed earnings, with the former raising its 2026 profit guidance, while Siemens announced a significant share buyback despite slightly disappointing revenue figures.

Overall, market professionals should monitor the impact of geopolitical events on commodity prices and sector performance, particularly in technology and telecommunications, as earnings results continue to shape investor sentiment.

Source: xtb.com