Shaqiri and Arnautovic have been termed as short-term injury concerns while Cameron might take a little while longer before making his comeback to first-team action according to Hughes.
"Shaqiri trained on Thursday so we're hopeful he won't get a reaction and then I'll make a decision as to whether he's ready," Hughes said. "Obviously he's anxious to get back in.
"Marko has a slight hamstring problem that we are managing, but we have to be careful with that. We have this big period coming up, so we'll have to see. He has trained. There's a little bit of an issue there, but he has carried it for a number of weeks and still played, so he should be okay.
"Geoff Cameron still has an issue with his ankle and we are trying to resolve that, but it is not progressing too quickly, so we'll need to investigate that further."
The Potters will then travel to Anfield to face Liverpool in the second leg of the Capital One Cup semi-final on Tuesday following their 1-0 home loss earlier this month.