Investor Calendar for the Week of December 29, 2025 - January 4, 2026: Key Macroeconomic Data (PMI, US Trade Balance, FOMC Minutes, EIA Oil and Gas Inventories), Holiday Trading Environment, and OPEC+ Events.
This week coincides with the New Year holidays: many stock exchanges are closed or operating on reduced hours. Investors will be focused on PMIs from the US, Europe, and Asia, as well as the OPEC+ oil meeting. Corporate earnings reports are mostly concluded, but even a few publications may trigger local market fluctuations.
Monday, December 29, 2025
Today, Russia's PMI and the US trade balance will be published, alongside EIA data on US oil and gas inventories. These figures will supplement the statistics ahead of the holidays.
- After Market Close: Micron Technology (USA) – Q1 2026 Financial Year Report. Micron has reported a record quarterly revenue of approximately $13.64 billion and earnings per share of $4.60, reflecting high demand for memory products and data center equipment.
Economic Events (Moscow Time):
- 09:00 Russia - Manufacturing PMI (December).
- 16:30 USA - Trade Balance (November).
- 18:00 USA - Pending Home Sales (November).
- 18:30 USA - Oil Inventories (EIA Petroleum Status Report).
- 19:00 Russia - Consumer Price Index (CPI, December, preliminary).
- 20:00 USA - Natural Gas Inventories (EIA Natural Gas Storage).
Investor Insight: Low volatility is expected: markets are in a "calm before the storm" phase ahead of the holidays, and responses will likely be moderate. The PMI data and trade balance will provide insight into economic conditions, but the results from Micron and energy stock levels may serve as more significant drivers. Investors should focus on global macroeconomic indicators as the year begins.
Tuesday, December 30, 2025
The Central Bank of Russia will establish currency rates for the holiday period, and the US will release the Case-Shiller index and FOMC minutes. These events may impact the ruble's exchange rate and market expectations regarding inflation.
- Economic Events (Moscow Time):
- 09:00 Russia - Services/Composite PMI (December).
- 17:00 USA - S&P Case-Shiller Home Price Index (October).
- 22:00 USA - FOMC Minutes.
- 00:30 (Wed, Dec 31) USA - API Crude Oil Stocks.
Investor Insight: The day is expected to pass without major upheaval: FOMC minutes and housing data will signal sentiment within the US economy, while the Central Bank's decisions will shape expectations regarding the ruble. If indicators confirm a slowdown in inflation, it could support a positive sentiment into January. The lack of significant corporate news shifts focus to global trends.
Wednesday, December 31, 2025
Due to the holidays, many exchanges are closed or operating on reduced hours. Importantly, China's services PMI and the US Jobless Claims along with Chicago PMI will indicate trends leading into the New Year.
- Economic Events (Moscow Time):
- 04:30 China - Preliminary Business Activity Indexes: Services/Composite PMI (December).
- 16:30 USA - Weekly Initial Jobless Claims.
- 17:45 USA - Chicago PMI (December).
Investor Insight: The last day of the year is traditionally characterized by a "holiday" mood – volumes are very low, and serious movements are not expected. Nevertheless, the Chinese PMI and US labor data will show how ready the economy is for growth. Investors should exercise caution: low liquidity means that any news may briefly shake the market.
Thursday, January 1, 2026
On New Year's Day, there will be little trading activity, but important news will emerge: VAT in Russia will increase, the EU will ban new contracts for gas from Russia, and various countries are tightening crypto regulations.
- Russia - VAT will increase to 22% starting January 1, 2026, which will pressure consumption and support inflation.
- European Union - New contracts for Russian gas imports will be banned, increasing uncertainty in the energy sector.
- Russia/UAE - UAE has been removed from Russia's list of "black" offshore zones, facilitating the flow of capital.
- Sweden - The ban on uranium ore extraction is lifted, expanding prospects for the nuclear sector.
- UK - Crypto exchanges are required to provide tax authorities with user and transaction data.
- European Union - A directive on crypto companies' reporting comes into effect, making it mandatory to provide tax information.
- Uzbekistan - Introduction of an operational framework for stablecoins as a means of payment.
- Turkmenistan - From January 1, the mining of cryptocurrencies and the operations of crypto exchanges will be legalized.
Investor Insight: Thursday revolves around political and economic news. Fiscal and energy changes set a long-term backdrop: the VAT increase and central bank currency decisions impact the economic fundamentals, while gas restrictions and crypto regulations shape strategic expectations. Investors are advised to consider these factors when allocating assets, although a quick market reaction is not anticipated.
Friday, January 2, 2026
The collection of global PMIs in manufacturing resumes: reports from Australia to the US will reveal growth dynamics in the industry at the start of the year. These data points will set the tone for the markets and the first wave of corporate forecasts.
Economic Events (Moscow Time):
- 01:00 Australia, 08:00 India – Manufacturing PMI (December).
- 09:00 Russia – Manufacturing PMI (December).
- 11:55 Germany, 12:00 Eurozone, 12:30 UK – Manufacturing PMI (December).
- 16:00 Brazil, 17:30 Canada – Manufacturing PMI (December).
- 17:45 USA – S&P Global Manufacturing PMI (December).
- Before Market Open: There are no major corporate reports – companies will begin their year-end reporting later.
- After Market Close: There are no significant corporate reports (Q3 2025 reports have already been published).
Investor Insight: Friday will determine dynamics in global manufacturing – a rise in PMIs will support industrial and commodity stocks, while a decline will necessitate a reconsideration of forecasts. Investors should compare market reactions in the US (S&P 500), Europe (Euro Stoxx 50, DAX), and Asia (Nikkei, Shanghai) to make informed decisions regarding capital reallocation.
Sunday, January 4, 2026
An OPEC+ meeting regarding oil production quotas is expected today. The cartel's decisions will set the trend for the oil market and impact the energy sector.
Investor Insight: The outcome of the OPEC+ meeting will define the short-term trend for oil: an extension of production cuts will support prices and energy sector stocks, while easing quotas may lead to their decline. Investors are advised to monitor signals from the cartel and market reactions in futures, as well as to consider potential volatility upon the resumption of trading in early January.
Weekly Summary and Investor Guidelines
During the week of December 29 - January 4, investors should monitor:
- Global PMIs: These will show the momentum with which the economy is starting the new year.
- Regulatory changes: Central bank decisions and fiscal policies (Russian VAT, gas restrictions) provide critical guidance.
- The oil market: OPEC+ decisions and oil prices are key factors for the energy sector.
The week will be transitional: markets will finish the year in relative calm but will begin to eye significant macroeconomic and geopolitical events. Allocating capital between safe assets (gold, cash) and riskier assets (growth stocks, commodity companies) during this week may set the trend for early 2026.
