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Futures up: Dow 0.27%, S&P 500 0.35%, Nasdaq 0.77%

Oct 20 (Reuters) - Wall Street futures edged higher on

Monday, as investors awaited earnings from corporate

heavyweights and a delayed inflation report that could trigger

fresh market moves later this week.

Markets were still nursing bruises from last week's

turbulence, as fears of systemic credit stress in the banking

sector unnerved traders globally. However, upbeat earnings from

some regional U.S. banks allayed concerns, offering a brief

reprieve from the volatility.

Earnings from Wall Street majors, including Tesla,

Ford, GM, Netflix ( NFLX ), Procter & Gamble ( PG )

, Coca-Cola, IBM ( IBM ) and Intel ( INTC ), are

also set to roll in this week, presenting a fresh stress test

for the stock market.

At 05:25 a.m. ET, Dow E-minis were up 124 points, or

0.27%, S&P 500 E-minis were up 23 points, or 0.35%, and

Nasdaq 100 E-minis were up 109 points, or 0.77%.

All the three indexes closed higher on Friday and logged

weekly gains.

The CBOE Volatility Index, Wall Street's fear gauge,

also rose to its highest level in nearly six months on Friday,

after renewed U.S.-China trade tensions fueled a flight to

safety.

U.S. President Donald Trump has floated the idea of lowering

tariffs, if Beijing resumes key purchases such as soybeans.

While Trump acknowledged that a proposed 100% tariff on Chinese

goods would not be sustainable, he pinned the latest breakdown

in talks on China's tightening grip over rare earth exports.

Deutsche Bank analysts said Trump's dialed down rhetoric

"added to investor expectations that those 100% tariffs won't

come into force".

DELAYED CPI

The U.S. government shutdown has stalled key economic data

releases since October 1, but attention now turns to the

consumer price report, a closely watched inflation gauge that is

due on Friday, just ahead of the Federal Reserve's policy

meeting on October 28-29.

September's core inflation is expected to hold steady at

3.1%.

"There's still no sign of a compromise between Republicans

and Democrats that would see the government re-open. In terms of

the market implications, this is still affecting the flow of

economic data, so we're not getting regular releases," Henry

Allen, macro strategist at Deutsche Bank, said.

Meanwhile, the Fed has not pushed back against rate-cut

expectations, and futures are pricing in a quarter-point easing

this month, with another reduction likely in December.

Among early movers, cryptocurrency stocks rose in premarket

trading after bitcoin gained for the third straight day.

Bitfarms jumped 11.2%, while Strategy rose

3.4%. Riot Platforms ( RIOT ) advanced 3.7% and MARA Holdings ( MARA )

was up 4.4%.