May's personal consumption expenditures price index reading, the Fed's preferred inflation gauge, comes out at 8:30 a.m. ET on Thursday.

U.S. equity futures were lower on Sunday as Wall Street awaited the release of inflation data that is closely watched by the Federal Reserve.

US stock futures rose as Iran peace talks eased tensions, oil prices fell, and investors awaited key PCE inflation data and Micron earnings this week.

Indian markets saw a subdued start on Wednesday, following two days of losses. Technology stocks showed signs of recovery after a significant downturn earlier in the week.…