Detailed Overview of Economic Events and Corporate Reports for Monday, December 8, 2025. Key Macroeconomic Data, Company Reports from the USA, Europe, Asia, and Russia, Important References for Investors.
Macroeconomic Background
The global economic events on Monday are rather secondary in nature, but they may provide guidance for markets:
- Japan – GDP (Q3, Revision): Updated figures on Japan's economic growth for Q3 2025 will be released in the morning. The preliminary estimate showed a decline of 0.4% q/q, and analysts do not rule out a revision to around -0.5%. The weakness in Japan's GDP reflects a decrease in export demand and consumer caution. These data may influence sentiment on the Tokyo Stock Exchange: the Nikkei 225 index is sensitive to signals regarding the health of the economy and the policies of the Bank of Japan.
- Eurozone – Sentix Investor Confidence Index (December): The fresh Sentix index of investor sentiment for December will be released during the European session. The previous reading in November was around **-7.4 points**, reflecting ongoing pessimism in the region. The value is expected to remain in negative territory, indicating caution among investors regarding the economic outlook in the Eurozone. While the impact of Sentix on the market is limited, an improvement in the index could support European stocks, including the Euro Stoxx 50.
- USA – Manufacturing Orders (October): The American economic calendar is sparse; at 18:00 MSK, the report on factory orders for October will be released. In the previous month, the figure rose by 1.4% m/m, and a more modest performance is now expected due to the high rates set by the Fed. This data will provide insight into the state of the US industrial sector: a slowdown in the growth of orders could signal an economic cooling. However, the influence of the statistics on the S&P 500 index will be restrained, given the more significant events of the week.
- USA – Treasury Auctions: During the day, the US Treasury will conduct auctions for short-term securities – 3-month and 6-month bills (at 19:30 MSK), and a 3-year Treasury note auction (at 21:00 MSK). Investors will monitor demand for US government debt: high bid-cover ratios and low yields at the auctions will indicate sustained interest in safe assets. The results of the placements may impact bond yields and indirectly influence sentiments regarding risk assets.
Overall, the macroeconomic background on Monday is neutral. Markets are trading without sharp moves as participants have taken a wait-and-see position ahead of more significant events of the week. The absence of major statistical surprises at the start of the day will allow investors to focus on upcoming central bank meetings and other market drivers.
Corporate Reports in the USA
On the American market, around two dozen public companies will release financial reports on December 8. However, most of them are of medium and small capitalization. Large issuers from the S&P 500 index are virtually absent this day, so the impact of these reports on the broad market will be limited. Nevertheless, investors are paying attention to the following companies:
- Toll Brothers (NYSE: TOL): One of the largest residential builders in the USA will present its results for Q4 of the 2025 financial year. Analysts predict strong quarterly earnings (around $4.9 per share) with revenue exceeding $3.3 billion, which is about 5–6% higher than last year's levels. Despite rising mortgage rates in 2025, Toll Brothers has managed to capitalize on sustainable demand for luxury housing and increase home prices, maintaining margins. Investors will be looking for signals about the state of the US housing market and management's comments on sales prospects amid expensive credit.
- Phreesia, Inc. (NYSE: PHR): The American company providing IT solutions for healthcare will report for Q3 of the 2026 financial year. While Phreesia does not belong to the blue-chip category, its results are interesting as an indicator of trends in the digital health sector. Investors will assess the company’s revenue dynamics and its path to profitability, given the overall slowdown in investments in healthcare technology.
- Ooma, Inc. (NYSE: OOMA): The provider of cloud telecom services for businesses and home users will publish its report for Q3 of the 2026 financial year. Ooma is expected to show stable growth in its subscriber base and revenue by double digits year-on-year, driven by demand for internet telephony services. The results from Ooma are of interest in the context of the communications sector: they will indicate whether small tech firms continue to grow amid competition from large corporations.
Overall, the influence of corporate reports from Monday's US session will be targeted. If the report from Toll Brothers exceeds expectations, it may provide short-term support for real estate stocks and related companies. At the same time, weak results from mid-sized companies (such as Phreesia or Ooma) are unlikely to trigger broad market reactions. Investors are more likely to assess the overall tone of the continuing reporting period outside the peak season to understand whether the positive trend in company earnings will be maintained by the end of the year.
Corporate Reports in Europe
In Europe, no financial reports from major companies in the Euro Stoxx 50 or FTSE 100 indices are scheduled for publication on this Monday. The majority of European issuers reported for Q3 back in October-November, and there is now a lull ahead of the annual results season. Thus, on December 8, investors in the region will face a relatively calm session without significant corporate drivers.
The lack of reports allows the market to focus on external factors and macroeconomic news. European exchanges will primarily react to the overall risk appetite and the morning data (such as the Sentix index). Additionally, market participants will begin to factor in expectations ahead of key events in the coming days – including the European Central Bank meeting scheduled for Thursday. Any hints of changes in ECB policy (such as comments on interest rates or bond buying) may overshadow small news items; therefore, a calm Monday could provide European investors with an opportunity to prepare for the volatility at the end of the week.
Events in Asia
The Asia-Pacific markets are also not saturated with corporate announcements on December 8. Major companies in the region have completed their reporting for the previous quarter; the new reporting cycle in Asia will typically commence at the beginning of the following year. Therefore, on this day, investors in Asia are primarily focusing on macroeconomic news and external benchmarks.
As trading opens on Monday, many Asian indices are showing subdued dynamics. The Japanese Nikkei 225 and the Chinese Shanghai Composite are trading without significant changes, digesting the morning statistics. Some support for sentiment comes from reports that the Chinese economy is showing signs of stabilization (for instance, markets are expecting the release of loan and inflation data from China later this week). However, the weak Japanese GDP is dampening risk appetite in Tokyo.
Although there are no reports from major Asian corporations today, interesting events are expected in the region later this week. On Wednesday, Taiwanese company TSMC will present its sales data for November, along with revenue from chipmaker MediaTek. These figures will provide important signals about demand in the global technology sector and the state of the semiconductor industry as the year concludes. Investors focused on Asian markets will consider this information while shaping strategies, but for now, they are monitoring external factors and the dynamics of currencies (especially the yen exchange rates after the GDP data release).
Russian Market: News and Reports
For the Russian market, Monday is primarily marked by regulatory news and second-tier corporate events:
- The Central Bank of Russia Lifts Currency Restrictions: As of December 8, the decision of the Central Bank of Russia to lift the remaining restrictions on foreign currency transfers abroad for individuals comes into effect. Previously, such limits were imposed to maintain financial stability; however, the sharp strengthening of the ruble in November allowed the regulator to ease its control. Now, Russians and residents of friendly countries can freely transfer currency abroad. This is a positive signal for the market: lifting restrictions enhances confidence in monetary policy and indicates a stabilization of the situation in the currency market. Participants will observe how the Central Bank's decision will affect the demand for currency and the ruble’s exchange rate; for now, forecasts suggest that there will be no immediate pressure on the ruble due to sufficient liquidity.
- Akron – Last Day with Dividends: On Monday, shares of one of Russia's leading chemical companies are trading on their last day with dividends. The register of shareholders for Akron to receive interim dividends for the first nine months of 2025 closes on December 9, making December 8 the last chance to buy shares with a dividend entitlement. The payout amounts to 189 rubles per share, corresponding to a yield of about 1.2% at the current price. Anticipation of generous dividends previously supported Akron's share prices, and after the cutoff, a slight technical decline in share prices may occur equivalent to the payout. Nevertheless, fundamentally the company is in a strong position due to high fertilizer prices, so many investors are holding their positions even after the dividend period ends.
- Renaissance Insurance – Shareholders' Meeting: The holding company "Renaissance Insurance" is holding an extraordinary shareholders' meeting, where a decision will be made regarding the payment of dividends for the first nine months of 2025. The company may allocate part of its profits for shareholder rewards, which would be the first such decision this year. While Renaissance shares do not belong to the Moscow Exchange index and have moderate liquidity, the potential for dividend payment reflects a trend of Russian companies returning to the practice of regular dividends. For the wider market, this news will not be a driver, but it signals an improvement in the financial condition of some representatives of the insurance sector.
No earnings reports from major Russian issuers are scheduled for December 8 – the quarterly reporting season on the Moscow Exchange is currently on pause. Thus, the internal market is primarily reacting to the overall conditions and news from regulators. Oil prices and the ruble exchange rate remain key references for investors in Russia at this stage; however, significant disturbances in these indicators are not expected on Monday without new external triggers.
Conclusion: What Investors Should Pay Attention to
The calm Monday of December 8 serves as a prologue to a week rich in events. Investors should use this day to assess positions and prepare for upcoming market movements. Early Tuesday, the Reserve Bank of Australia's meeting will set the tone for Asian markets. On Wednesday, global attention will turn to the US Federal Reserve – markets are pricing in the first rate cut in a long time, which could significantly impact global financial conditions. In addition, in the following days, meetings of central banks in Canada, Switzerland, and the Eurozone are expected, which could lead to spikes in volatility in the respective markets.
Beyond macroeconomics, corporate news remains in focus: several major companies, such as Oracle, Broadcom, and lululemon athletica, will present reports in the latter half of the week. Their results are particularly important for the technology and consumer sectors and may dictate the movement of corresponding stocks. Investors from the CIS should closely monitor these events, even if Monday is quiet. The moderate market activity at the beginning of the week provides an opportunity to analyze accumulated information and prepare for potential fluctuations. In such a period, it is crucial to maintain caution and flexibility to respond swiftly to any surprises that the rest of the week may bring.
