Expectations of another rate cut by the Fed in December remains strong even as markets wait for the upcoming data releases from the U.S. Prospects of a potential peace deal in Ukraine also supported market sentiment.

Wall Street Futures are trading in mildly negative territory ahead of the release of producer price inflation and retail sales readings for the month of September. Benchmarks in Europe are trading on a mixed note. Asian markets finished trading with gains.

The six-currency Dollar Index retreated. Ten-year bond yields mostly eased.

Crude oil prices declined as oversupply concerns and prospects of a potential peace deal in Ukraine weighed on sentiment. Gold Futures are trading slightly below the flatline. Cryptocurrencies are trading on a positive note.