Detailed Overview of Economic Events and Corporate Reports for Tuesday, 9 December 2025. Key Macroeconomic Data, Investor Expectations, Company Reports from the US, Europe, Asia, and Russia.
At the beginning of the trading session on Tuesday, 9 December 2025, investors are focusing on the proceedings of the Reserve Bank of Australia (RBA) and the anticipated upcoming meeting of the US Federal Reserve. Among the corporate news, the spotlight is on the reports from the largest companies: the American parts retailer AutoZone (results for Q1 of fiscal 2026) and the Russian bank Sberbank (results for the first 11 months according to RAS). Other companies releasing results on this day include Ashtead, Campbell’s, GameStop, Core & Main, and others. Markets are analysing macroeconomic signals and corporate reports to refine investment strategies.
Macroeconomic Calendar (MSK)
- 06:30 — Australia: RBA decision on the key interest rate (expected to remain at 3.6%).
- 09:00 — Japan: preliminary industrial production data (November).
- 15:30 — USA: labour productivity and costs data for Q3 (preliminary figures).
- 19:00 — USA: addresses from Federal Reserve representatives (market expectations analysis ahead of next week's meeting).
- 00:30 (Wednesday, MSK) — USA: API data on crude oil inventory changes (weekly).
Australia: RBA Meeting
In Australia, the central bank is expected to maintain the key interest rate at a record low of 3.60% following its two-day meeting on 8–9 December. Economists surveyed widely anticipate this decision, as inflation has slightly exceeded the target range (3.2% year-on-year) and the slowdown in GDP growth necessitates a continuation of accommodative monetary policy. The RBA will emphasise the need for a "prolonged hold" on interest rates at current levels to avoid overheating the economy. For the ruble and emerging markets, this indicates a reduced likelihood of a sharp depreciation of the Australian dollar and a moderate decline in bond yields. Given market concerns over inflation, investors will be closely monitoring the RBA's statement and its impact on interest rate expectations in Asia.
Oil and Commodities: Staying the Course
The energy sector remains in focus. In recent meetings, OPEC+ countries agreed to maintain restrictive production quotas in the first quarter of 2026. It is anticipated that, amid moderate demand, current oil balance remains strained. Current Brent prices are fluctuating in a narrow range of $65–70.00 per barrel, supported by stabilisation of inventory levels in the US. In this context, it is crucial for investors to keep an eye on the oil inventory data from the EIA and API, which will indicate the rates of accumulation or depletion. An increase in inventories may exert downward pressure on prices, while unexpected decreases may support oil companies. Furthermore, prices for other commodities (metals, grains) are under pressure from a strengthening dollar and a slowing global economy, which limits the growth of commodity prices.
Europe: Cautious Expectations
In Europe, the primary focus will be on the UK economy and the Eurozone. While there are few significant data releases on Tuesday, investors are assessing the implications of tightening energy policies and inflation. The Bank of England and the ECB continue to maintain high rates, and any positive signals regarding a reduction in inflation could lead to a weakening of the pound and the euro. European stock indices (Euro Stoxx 50, FTSE, DAX) are likely to be sensitive to the dynamics of global stock markets and commodity prices. Additionally, investors are monitoring the outcomes of European corporate reports for Q3; only a few companies from Eurozone exchanges will report on Tuesday, but upcoming publications may adjust sentiment.
Corporate Reports: Pre-Opening (US, Europe, Asia)
- Ashtead Group (AHT, UK) — a large construction equipment rental company (FTSE 100). Will report results for Q2 of fiscal 2026 (September-November) before the European trading opens.
- Sberbank (MOEX: SBER) — a leading Russian bank. Will disclose operating results according to RAS for the first 11 months of 2025.
- Henderson — a Russian retail chain selling clothing (managed by FORT Group). Will report revenue data for November 2025.
- Ferguson (FERG, USA) — a distributor of building materials (NYSE). Will report results for Q1 of fiscal 2026 (ending 31 Oct. 2025). A conference call is scheduled for 14:45 MSK.
- AutoZone (AZO, USA) — a major automotive parts retailer (S&P 500). Will present results for Q1 of fiscal 2026 (ending 30 Nov. 2025) prior to market opening. Analysts will evaluate sales trends in the US and Mexico.
- The Campbell’s Company (CPB, USA) — a food producer. Will report fiscal Q1 for 2026 (September-November) before the NYSE opens. Investors are interested in revenue growth and margins following a decline in the previous year.
Corporate Reports: Post-Close (US)
- GameStop Corp. (GME, USA) — a video game retailer. Will present results for Q3 of fiscal 2025 (July-September) after market close. Investors are expecting continued revenue growth following the launch of new gaming consoles and the development of the NFT sector.
- Core & Main (CNM, USA) — a supplier of materials for water and sewage systems. Will report for Q2 of 2025 (April-June) after market close. Analysts are evaluating demand stability for infrastructure and the impact of rising costs.
- Dave & Buster’s (PLAY, USA) — a restaurant entertainment chain. Will report financial results for Q3 of fiscal 2025 (October-December) after market close. Key focus is on LFL sales dynamics and expansion plans.
- Cracker Barrel Old Country Store (CBRL, USA) — a themed restaurant and shop chain. Will report for Q2 of fiscal 2025 (August-October) after the NYSE closes. The emphasis is on comparing operating profit with the previous year.
- Lands’ End (LE, USA) — a retailer of clothing and home goods. Will report financial results for Q3 of 2025 (October-December) after market close. Focus is on changes in consumer demand and online sales strategy.
Other Regions and Indices: Euro Stoxx 50, Nikkei 225, MOEX
- Euro Stoxx 50 (Eurozone) — there are no significant releases or reports from blue-chip companies on Tuesday. The dynamics of the index are influenced by news from the US and Asia, as well as the energy crisis and inflation. Investor priority is on the quarterly reporting of European industrial giants, which is set to begin this week.
- Nikkei 225 (Japan) — the Q2 earnings season (April-September) continues for many companies. On Tuesday, the focus will be on reports from major industrial enterprises and automotive component manufacturers, as well as signals from the Bank of Japan regarding potential policy easing. Volatility on the Tokyo Stock Exchange will remain restrained due to local trading and external factors.
- MOEX (Russia) — the local market is responding to macro news in the medium term: the ruble is holding at 76–77 against the dollar amidst moderate profits from oil exports. The focus remains on the Sberbank report and anticipation of dividends for the year-end. Among major companies, energy and metallurgy sectors are key, with their reporting season starting later (January-February).
Day's Summary: Key Points for Investors
- RBA Rate — the Reserve Bank of Australia's decision (expected unchanged) sets the tone for the Australian dollar and commodity currencies. The risk of a new wave of tightening in November is priced in by the markets, so in the event of "inaction" on key rates, the AUD may slightly decrease, providing weak support for resource indices.
- Monetary Policy from the Fed — although the Fed's official decision will only be available tomorrow, investors are already evaluating interviews and public speeches from FOMC members today. Any indications of readiness to lower rates, or conversely, a desire to "hold" them at current levels will inevitably impact the dynamics of Treasury yields and the valuation of American technology stocks.
- Corporate Reports — the spotlight is on the results of AutoZone (automotive parts) and GameStop (video games), as well as Sberbank and other major companies. Strong performance could shift investor focus from macroeconomic factors to specific sectors: technology and consumer stocks typically respond sharply to revenue and profit updates.
- Oil and Commodities — consolidation around $66–68 for Brent creates risks for energy companies. Daily monitoring of weekly oil inventory data and potential OPEC+ announcements regarding quota extensions is advisable. With record-low expectations of demand growth, oil prices continue to hold steady, but a resurgence in global demand could quickly shift the balance.
- Risk Management — with numerous events scheduled, volatility in the markets is expected. It is prudent for investors to define their "corridors" for price movements in stocks and currencies in advance, utilise limit orders, and hedge key positions. Close attention should be paid to announcements from major issuers and preparations made for swift market reactions to unexpected data.
