Key Economic Events and Corporate Reports for Saturday, January 10, 2026. Overview of Global Markets, Macroeconomics, and Public Companies in the USA, Europe, Asia, and Russia. What Investors Should Pay Attention To.
Saturday, January 10 — traditionally a day off for global stock markets. Key indices in the USA, Europe, and Asia have shown positive dynamics at the start of 2026: the S&P 500 rose approximately 1% over the first week, and investors are eagerly awaiting the upcoming earnings season and important macro data. Among the notable events of the day is the quarterly report from the Indian retail chain DMart (Avenue Supermarts). Otherwise, markets remain focused on fundamental trends: the labor market situation in the USA, inflation dynamics in the global economy, and the prospects for central banks' monetary policy.
USA: Labor Market and Inflation
- It is expected that the USA will create about 60,000 jobs in December, and unemployment will decrease to 4.5%. This data reflects a "no hire, no fire" mindset in the labor market and reinforces confidence in the Federal Reserve's pause on interest rate hikes.
- The growth of average hourly wages is decelerating, which eases inflationary pressures. However, investors are closely watching the December CPI and core inflation data, which will be released early next week and serve as crucial triggers for the dollar and yields.
- US stock indices continue to reach new highs, with the S&P 500 at record levels. Market support comes from optimism regarding corporate profits and easing monetary policy. However, a sharp rise in yields could lead to corrections in the tech sector and increase funding costs.
Asia: China and Japan
- China: according to a partial survey by S&P Global, the services PMI in China fell to 52.0 in December (a six-month low). Weak growth in domestic demand and a decline in export orders increase deflation risks, heightening expectations for new stimulation measures from the People's Bank of China. This exerts pressure on global commodity prices and emerging markets.
- Japan: real household incomes fell by 2.8% year-on-year in November — the sharpest decline in a year. The drop is attributed to a significant reduction in one-off bonuses; nominal wage growth was only about 0.5%. Meanwhile, Japan's annual inflation stands at 3.3%, significantly outpacing income growth. This dynamic is restraining consumer spending and forcing the Bank of Japan to prepare for a gradual tightening of policy.
Europe: Germany and the Eurozone
- Germany: an unexpected 2.5% year-on-year decline in exports in November signals ongoing weakness in external demand. The drop is attributed to reduced shipments to EU countries and the USA. On the other hand, industrial production rose by 0.8% in November — the third consecutive monthly increase. This indicates the beginning of stabilization in domestic demand and potentially mitigates the decline in the industrial sector.
- Market impact: positive production data from Germany supports industrial sector stocks (DAX, Euro Stoxx 50) and the euro. If the statistics disappoint, cautious sentiment may return to European markets: investors might shift focus to bonds and gold, and expectations of easing from the ECB could intensify.
Corporate Earnings: DMart and Bank Season
Saturday features a relatively sparse corporate calendar — with the exception of India. Major companies in the USA, Europe, and Russia are not releasing earnings. The focus is on retailer DMart (Avenue Supermarts), which will present its financial results for Q3 2025/26 (October-December).
- Avenue Supermarts (DMart, India): analysts expect the chain's revenue for Q3 2025/26 to grow by approximately 13% year-on-year (to about ₹17,613 crores). Net profit is anticipated to show moderate growth; however, the operating margin is expected to contract due to rising logistics and trading costs. Investors will closely monitor the dynamics of same-store sales and management's comments on pricing policy and network expansion.
- US Financial Sector: Next week marks the start of the Q4 earnings season — major American banks (JP Morgan, Citigroup, Bank of America, Goldman Sachs, etc.) will release results from Tuesday to Thursday. These reports will provide insights into credit activity and consumer spending trends in the economy.
Indices and Markets: S&P 500, Euro Stoxx 50, Nikkei 225, MOEX
- S&P 500 (USA): has confidently started the year and is near historical highs. With expected growth in corporate profits and support from soft monetary policy, investors are inclined to maintain a bullish outlook. Key factors remain fundamental data: upcoming US inflation releases and bank results.
- Euro Stoxx 50 (Eurozone): is influenced by the macro calendar. Improvement in German industrial data boosts investor confidence, but the slowdown in exports creates uncertainty. The Eurozone is sensitive to currency fluctuations (EUR/USD rate) and ECB decisions; any negative external factors could lead to corrections in European markets.
- Nikkei 225 (Japan): continues to rise amid optimism surrounding economic recovery and a strengthening yen. However, fundamentally, the market is constrained by weak growth in real incomes and cautious Bank of Japan policies. Reports from Japanese companies, which began this week (e.g., Yaskawa Electric), will set the tone for the local market.
- MOEX (Russia): is focused on external factors — primarily oil prices and geopolitical risks. The ruble remains stable around 100 RUB/USD, while oil is holding above $60/barrel. In the coming days, investors will monitor the dynamics of budget oil revenues (expected to reach a three-year low in January) and the Central Bank's actions in response to external shocks.
End of Day: What Investors Should Pay Attention To
- US Labor Market: Key trigger — employment and unemployment data. Their release will determine yield and dollar dynamics. A modest job growth figure will support the Federal Reserve’s dovish scenario, while an acceleration in hiring and wages will create hawkish pressure on assets.
- China and Commodity Markets: Weakening domestic demand activity in China threatens resource price growth. Investors should watch for signals of stimulus that could be announced by the authorities soon, as well as the impact of Chinese statistics on emerging markets.
- Europe: The German industrial production index will either confirm or refute hopes for Eurozone growth. Strong data could support a stronger EUR/USD and Euro Stoxx 50 stocks, while weak figures may heighten expectations for ECB easing and a rise in euro-denominated bonds.
- Corporate Reports: The results from DMart will shed light on consumer demand in emerging markets. Following these, US banks will release their reports, which are crucial for assessing asset quality and the credit cycle. Reflecting these trends in companies' financial results will help investors adjust their portfolios.
- Risk Management: In light of significant macro data releases and a busy reporting schedule, increased volatility is anticipated. It is advisable to predefine risk levels, diversify portfolios, and use hedging tools (currency and interest rate derivatives) to protect savings.
