Global stock indices futures displayed bullish momentum as US earnings season began, with S&P 500 futures up 0.35% after multiple large-cap banks delivered above-consensus net interest income. And this after we already missed Friday's September nonfarm payrolls numbers, muddying the economic picture for investors and policymakers with the Federal Reserve's next policy announcement due out in just over three weeks. CME Group, the world’s leading derivatives marketplace, reported its quarterly and monthly market statistics, with average daily volume (ADV) reaching 25.3 million contracts in Q3 and 26.1 million contracts in September, the second-highest ADV on record for both periods. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume . S&P 500 futures managed to hold 0.3% gains amid cautious trade volumes as fund managers eyed quarterly rebalancing flows impacting large-cap momentum.
