Analysis of Economic Events and Corporate Reports for Sunday, 9 November 2025. Inflation in China, Reports from Occidental Petroleum, Tyson Foods, and Barrick Gold, Expectations for US Inflation Data, and Guidance for Investors for the New Week.
Sunday sets a crucial context ahead of the opening of global markets. Investors from Russia and the CIS countries will be particularly attentive to the morning inflation data from China, assessing any weekend news that could impact commodity and currency markets. While exchanges in the CIS and Europe are closed this Sunday, analysts are shifting their attention to upcoming key indicators in the US and Europe – especially the Consumer Price Index (CPI) data in the US set to be released mid-week – as well as a series of corporate reports that will set the tone for specific sectors in the new week.
Macroeconomic Calendar (MSK)
- 04:30 – China: Consumer Price Index (CPI) for October.
- 04:30 – China: Producer Price Index (PPI) for October.
Asia: Inflation in China
Statistics from Beijing indicate a continuation of deflationary trends, although their intensity is decreasing. The annual growth of consumer prices in China for October recorded approximately 0%, emerging from negative territory, while the Producer Price Index remains at -2.3% year-on-year. These figures reflect weak domestic demand and overcapacity in the industrial sector, but the stabilisation of CPI near zero may signal a gradual revival in consumption. This information is significant for global markets: a recovery in price pressure within China would bolster commodity markets and the currencies of exporters, while prolonged deflation heightens expectations for additional stimulus from the People's Bank of China and adds pressure on companies reliant on Chinese demand.
Global Markets: Focus on US Inflation
The focus for the upcoming week will be on US inflation data for October, which will be released on Thursday. The CPI index in the US will be a determining factor for Federal Reserve rate expectations: a slowdown in core inflation would increase the likelihood of a soon-to-be monetary policy easing, whereas an unexpected acceleration in price pressures could trigger a rise in Treasury yields and strengthen the dollar. Global stock markets, which are currently near multi-year highs, have priced in a scenario of gradual inflation decline, hence any surprises in American statistics may instigate a notable revaluation of risk assets worldwide. European investors will also take these data into account, correlating them with the prospects for ECB policy, which is expected to maintain a wait-and-see approach amid softer price dynamics in the eurozone.
Corporate Reporting
- USA (S&P 500): On Monday before the market opens, Tyson Foods (consumer sector, food) and large gold miner Barrick Gold will report. Investors will assess Tyson's margins amidst volatile feed prices and demand for meat products, as well as Barrick's advantages from high gold prices. Following market closure in the US, quarterly results from Occidental Petroleum – a key player in the energy sector – are anticipated, with a focus on its results (oil and gas extraction) and commentary regarding shareholder capital returns, particularly considering recent trends in oil prices.
- Europe (Euro Stoxx 50): Most of the largest European companies have already released their reports at the end of October, so no major releases in the Euro Stoxx 50 are scheduled for the new week. European stock indices will primarily react to external factors – macroeconomic news from the US and China, as well as fluctuations in the euro to dollar exchange rate.
- Asia (Nikkei 225, etc.): In the Asia-Pacific region, the earnings season for July-September is drawing to a close. Earlier in the week, several companies in India and Australia will report, continuing the trend of robust results in the banking and consumer sectors. In Japan, the financial results of most exporters have already been published; the persistent weakness of the yen coupled with strong quarterly results from technological and industrial giants (ranging from automakers to electronics) supports high demand for stocks in the Tokyo market.
- Russia (MOEX): The Moscow Exchange will be closed on Sunday, yet Russian investors will focus on external factors. In recent days, the board of directors of Polyus (gold) recommended interim dividends of 36 roubles per share, while Akron (mineral fertilisers) announced 189 roubles per share as a dividend following the first nine months of 2025. Upcoming is a series of corporate reports under national standards (RAS) for the first nine months, traditionally released by the end of November. With the absence of trading in Russia, the key influences on sentiments at the start of the week will stem from oil prices and the dynamics of global markets following the release of Chinese and American statistics.
Other Regions and Indices: S&P 500, Euro Stoxx 50, Nikkei 225, MOEX
- USA (S&P 500): US indices are hovering around record levels. Over 80% of companies in the S&P 500 have reported, with aggregate results surpassing expectations, which supports the market. The focus has now shifted to macroeconomics – upcoming inflation data and signals from the Fed. Investors are pricing in a potential rate cut at the December meeting, yet confirmation is being sought in new statistics.
- Eurozone (Euro Stoxx 50): European markets are also close to historic highs, bolstered by declining energy prices and stable corporate results. The region's focus is on future steps from the ECB (the market anticipates a pause in rate increases) and general external conditions. News regarding progress in trade negotiations between the US and China or changes in the geopolitical landscape may significantly impact sentiment in Europe.
- Japan (Nikkei 225): The Japanese index recently reached multi-year peaks, supported by a weak yen and strong earnings from export-oriented companies. Although the bulk of corporate results is behind us, inflows of foreign investments into the Japanese market remain significant. An additional driver is the Bank of Japan's monetary policy: an ultra-loose stance and yield curve control continue to distinguish Tokyo from Western markets, stimulating interest in stocks.
- Russia (MOEX): The Russian stock market and rouble at the start of the week will largely depend on the dynamics of global commodity markets and risk appetite in emerging markets. Oil prices remain a key benchmark: their relative stability supports the MOEX index, while new sanctions or geopolitical risks could alter the balance of power. In the upcoming week, the domestic agenda includes ongoing dividend stories (the approval of payments from Polyus and Akron is expected later in November) and the publication of financial results from individual issuers; however, external factors – global inflation data and central bank rhetoric – will dominate.
End-of-Day Summary: Key Considerations for Investors
- Chinese Inflation: Morning CPI/PPI figures from China signal trends for the entire emerging market. Zero growth in consumer prices and prolonged deflation at the producer level indicate the continuation of incentives for Beijing's soft policies. This could support stocks and currencies of Asian nations, though ongoing deflation poses risks for commodity prices.
- US Data: The release of the Consumer Price Index in the US (13 November) is the key macro trigger for the week. Whether inflation deceleration is confirmed would influence Treasury bonds and stock indices' reactions. A strong report could enhance expectations for easing from the Fed and provide momentum for markets, while an unexpected rise in CPI threatens a wave of sell-offs in risk assets and strengthens the dollar.
- Corporate Reports: The focus at the beginning of the week will be on results from Tyson Foods, Occidental Petroleum, Barrick Gold, and other corporates. Their reports will set the tone in specific sectors: the food sector will test consumer demand resilience, energy firms will assess efficiency against current oil prices, while mining companies will indicate benefits from high precious metals prices. Volatility may arise at the level of individual stocks and sectors depending on surprises in these releases.
- Russian Market: Despite the day off, domestic investors will evaluate external factors. From Monday onwards, the dynamics of the rouble and stocks on the MOEX will reflect a combination of global factors – from Chinese statistics to expectations for the Fed. Positive external signals (rising oil, soft rhetoric from central banks) may strengthen the influx of capital into rouble assets, while any external shocks will require increased caution.
- Risk Management: The event saturation of the new week necessitates careful actions. Investors are advised to predefine acceptable volatility ranges and key price levels for their positions, utilise limit orders when executing trades, and apply hedging when necessary. Such an approach will help safeguard the portfolio amid possible sharp market movements.
