Global Economic Events and Corporate Reports for Sunday, 11 January 2026: US Inflation Expectations, Start of Earnings Season, Global Market Dynamics and Key Benchmarks for Investors.
On Sunday, 11 January 2026, global financial markets are expected to exhibit a relatively calm atmosphere. Major exchanges around the world are closed for the weekend, thus investors are focused on specific events. At the forefront of the day are the financial results releases of major Indian IT companies, Tata Consultancy Services and HCL Technologies. Simultaneously, market participants are already preparing for important economic events of the upcoming week, including the publication of US inflation data (CPI), adding a sense of anticipation to the day. Global stock indices, such as the S&P 500 (US), Euro Stoxx 50 (Europe), and Nikkei 225 (Japan), concluded the previous week with little movement, reflecting mixed investor sentiment at the beginning of the year. The Russian MosBirzha index also showed no clear trend following the New Year holidays amidst low activity among market participants.
Mood in Global Markets
The new week is marked by relative calm in the markets. The absence of significant statistical publications on this weekend contributes to low volatility. Investors are assessing the results of the first trading week of the year: in the US and Europe, the business activity index showed mixed results with recent US labour market data reaffirming the resilience of economic growth. Against this backdrop, the S&P 500 index in the US barely changed by the end of the previous week, the Euro Stoxx 50 in Europe showed modest gains, and the Japanese Nikkei 225 fluctuated around previously reached levels. The Russian stock market has also experienced a steady start to the year, with no notable shifts in the MosBirzha index. In the absence of fresh drivers, trading activity might remain subdued as Monday progresses, with global markets looking towards external signals and forthcoming events.
Macroeconomic Events
The economic calendar for Sunday lacks significant macroeconomic statistics releases. However, there are several important reports and indicators ahead that could influence investor sentiment in the coming days. The main event of the upcoming week will be the release of US inflation data – the Consumer Price Index (CPI) for December, scheduled for publication on Tuesday. This indicator is critically important for assessing upcoming actions by the Federal Reserve concerning interest rates. The week will feature the following key events:
- Tuesday, 13 January: UK labour market report (employment and average earnings), US CPI data for December.
- Wednesday, 14 January: US Producer Price Index (PPI) and retail sales data for December.
- Thursday, 15 January: Australia labour market statistics (employment, unemployment rate) and important macroeconomic indicators from China (trade balance and import-export figures).
- Friday, 16 January: China's GDP estimate for Q4 2025, final German CPI figures for December.
The absence of data at the start of the week allows investors time to reevaluate accumulated information. However, from Tuesday, market attention will shift to inflation indicators: the CPI results in the US could set the tone for movements in equity, commodity, and currency markets. Furthermore, the interplay between US inflation and statistics from China and Europe during the week will create a global backdrop that will shape trading sentiment.
Company Reports in Asia
- Tata Consultancy Services (India): India’s largest IT company and a global leader, TCS, is set to release its results for Q3 of its 2026 financial year. Analysts project a revenue growth of approximately 4% year-on-year – a more restrained pace compared to the roughly 5.5% growth witnessed the previous year. This moderate growth reflects seasonal factors (fewer working days in December) and clients' cautious attitudes towards new projects amidst economic uncertainty in the US and Europe. Investors will keenly observe the management’s comments regarding the demand for IT services and developments in artificial intelligence, as the company traditionally sets the tone for the entire Indian IT sector.
- HCL Technologies (India): Another leader of the Indian IT sector, HCL Tech, will report its financial results for the same period. Moderate revenue growth (around 4-5% year-on-year) is expected, consistent with the previous quarter. Like other Indian software giants, the company faces ongoing demand weakness from clients in the US and Europe. Analysts do not expect HCL to raise its annual revenue forecasts, as management is likely to maintain a cautious outlook amidst external macroeconomic risks. The market will assess whether HCL has been able to improve its operating margin and which segments (for example, cloud services or infrastructure) are demonstrating the most robust growth.
- Yue Yuen Industrial (Hong Kong): One of the world’s largest footwear manufacturers (contract partner to major sports brands) will report its sales figures for December 2025. These numbers will shed light on the state of consumer demand in the global sports goods market towards the end of the year. Previous months have shown a slowdown in sales amidst global economic uncertainty, leading investors to evaluate whether Yue Yuen has managed to end the year on a positive note. The dynamics of the company's export sales also serve as an indicator of the health of international supply chains and demand from the US and Europe.
- Other Companies: In addition to the above, several smaller companies will also release quarterly reports in Asia. For instance, the Indian telecommunications and cloud services provider Sify Technologies will present its Q3 results, while the financial company Anand Rathi Wealth will report its business management metrics. While the scale of their operations significantly lags behind giants like TCS and HCL, local investors may react to these reports, particularly if results deviate significantly from expectations. Overall, the Asian region is commencing a new week with a focus on India's technology sector and metrics of industrial demand from China, thereby forming the initial informational backdrop for trading on Monday.
Company Reports in the US
The American corporate calendar for 11 January is practically empty, as most companies in the US do not release earnings reports over the weekend. No significant quarterly reports from issuers in the S&P 500 or Nasdaq indices are scheduled for this date. Nevertheless, one smaller company will report:
- VOXX International (US): A manufacturer of consumer electronics and automotive components, renowned for its automotive audio systems and accessories. VOXX will present its financial results for the third quarter of its 2025 financial year. Although the company is not among the 'blue chips', its sales and profit dynamics could indirectly indicate the state of demand for durable goods in the US. Investors will assess whether VOXX has improved its metrics amidst high competition and the vergangene holiday season, crucial for the electronics sector.
It is noteworthy that in the US, the new earnings season will effectively commence in a couple of days: on Tuesday, 13 January, several major American banks, including JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup, will begin publishing their results for Q4 2025. These financial sector reports will attract significant attention and may set the overall tone for the US stock market in the weeks to come. In addition to banks, the latter half of the week is scheduled for reports from several technology and industrial companies, making the relatively calm weekend pause in the US merely the calm before the information deluge that will flood the markets with the start of a new week.
Company Reports in Europe and Russia
No corporate earnings publications are scheduled in either Europe or Russia for Sunday, 11 January – a common practice as the major exchanges are closed. January is traditionally a period of preparation for annual results for European businesses: most large companies in the European Union will commence their earnings season later, in the latter half of the month and into February. Nevertheless, investors in the region are keeping an eye on the external backdrop: signals from American and Asian corporations will be particularly crucial as they may influence sentiments at the week's outset.
Russian public companies also do not present financial reports in the early days of the new year. Typically, the publication of results for Q4 and the entirety of the previous year in the Russian market occurs significantly later – at the end of winter and the start of spring. Thus, at the local level, the information backdrop remains relatively calm. After the prolonged New Year holidays, Russian investors are primarily focusing on global factors and the situation in commodity markets. In the absence of internal corporate events, the dynamics of the Russian market at the start of the week will depend on external news and the overall sentiment of global exchanges.
Key Considerations for Investors
As Sunday is devoid of substantial events, investors should use this respite to prepare for a week filled with activities. Attention will centre around the inflation data for December in the US – an unexpected spike or, conversely, a slowdown in CPI on Tuesday could significantly impact expectations regarding interest rates and, consequently, the dynamics of the dollar and stock indices. Furthermore, the commencement of the earnings season, particularly results from major US banks and Asian technology firms, will set the tone for equity markets globally. By mid-week, volatility may increase, so it is important to assess risks and be prepared for potential fluctuations.
Overall, the calm start on 11 January represents a 'calm before the storm'. Global indices (S&P 500, Euro Stoxx 50, Nikkei 225, as well as the Russian MosBirzha index) will soon receive new momentum for movement. Investors in the CIS markets are advised to closely monitor international developments: inflation data, regulatory decisions, and the first earnings reports of the year will help form a clearer picture of economic directions and corporate profits in 2026. In conditions of uncertainty, the ability to respond swiftly to emerging information while maintaining a diversified and balanced investment portfolio will be crucial.
