Detailed Overview of Economic Events and Corporate Reports for Tuesday, December 9, 2025. Key Macroeconomic Data, Investor Expectations, US, European, Asian, and Russian Corporate Reports.
At the start of the trading session on Tuesday, December 9, 2025, investors are focusing on the Reserve Bank of Australia (RBA) meeting and expectations for the upcoming Federal Reserve meeting in the US. In corporate news, attention is on the reports from major companies: the American auto parts retailer AutoZone (Q1 results for fiscal year 2026) and the Russian bank Sberbank (results for 11 months per RAS). Additionally, results will be published by companies like Ashtead, Campbell’s, GameStop, Core & Main, among others. Markets are analyzing macroeconomic signals and corporate reports to formulate investment strategies.
Macroeconomic Calendar (Moscow Time)
- 06:30 — Australia: RBA decision on the key interest rate (expected to remain at 3.6%).
- 09:00 — Japan: preliminary data on industrial production (November).
- 15:30 — USA: labor productivity and labor costs for Q3 (preliminary data).
- 19:00 — USA: speeches from Federal Reserve officials (market expectations survey ahead of next week's meeting).
- 00:30 (Wednesday, Moscow time) — USA: crude oil inventory data from API (weekly).
Australia: RBA Meeting
In Australia, the central bank is expected to maintain the key interest rate at a record low of 3.60% at the conclusion of its two-day meeting on December 8-9. This decision is anticipated by all surveyed economists, as inflation in the country has slightly exceeded the target zone (3.2% annually), and GDP growth deceleration supports the continuation of a soft monetary policy. The RBA will emphasize the need for a "prolonged hold" of interest rates at current levels to avoid overheating the economy. For the ruble and emerging markets, this signifies a lower likelihood of a sharp depreciation of the Australian currency and moderate declines in bond yields. Given market concerns about inflation, investors will be closely monitoring the RBA's statement and its potential impact on interest rate expectations across Asia.
Oil and Commodities: Maintaining Course
The energy sector remains in focus. At recent meetings, OPEC+ countries agreed to maintain production quotas in the first quarter of 2026. With moderate demand, the current balance of oil remains tight. Current Brent prices remain within a narrow range of $65–70.00 per barrel, supported by the stabilization of inventories in the US. Therefore, it is crucial for investors to monitor the oil inventory data from EIA and API, which will indicate the pace of storage accumulation or depletion. An increase in inventories could exert pressure on prices, while an unexpected decrease could support oil companies. Additionally, 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 main focus will be on the British economy and the Eurozone. With few significant data points on Tuesday, investors are paying attention to the consequences of tightening energy policies and inflation. The Bank of England and the ECB continue to maintain high rates, and any positive signals regarding declining inflation may spur weakness in the pound and euro. European stock indices (Euro Stoxx 50, FTSE, DAX) will be sensitive to the performance of global equity markets and commodity prices. Investors are also monitoring the outcomes of European corporate reports for the third quarter — only a handful of companies from European exchanges will report on Tuesday, but publications in the coming days could influence market sentiment.
Corporate Reports: Before Market Open (USA, Europe, Asia)
- Ashtead Group (AHT, UK) — a major construction equipment rental company (FTSE 100). Will present results for Q2 of fiscal year 2026 (September-November) before the opening of European trading.
- Sberbank (MOEX: SBER) — leading Russian bank. Will disclose operational results under RAS for 11 months of 2025.
- Henderson — Russian retail network for clothing (managed by FORT Group). Will publish revenue data for November 2025.
- Ferguson (FERG, USA) — distributor of building materials (NYSE). Will report results for Q1 of fiscal year 2026 (ending October 31, 2025). A conference call is scheduled for 14:45 Moscow time.
- AutoZone (AZO, USA) — large auto parts retailer (S&P 500). Will present results for Q1 of fiscal year 2026 (ending November 30, 2025) before the market opens. Analysts will assess sales dynamics in the US and Mexico.
- The Campbell’s Company (CPB, USA) — food manufacturer. Will report fiscal Q1 2026 results (September-November) before the NYSE opens. Investors are interested in revenue growth and margins after a decline last year.
Corporate Reports: After Market Close (USA)
- GameStop Corp. (GME, USA) — video game retailer. Will present results for Q3 of fiscal year 2025 (July-September) after market close. Investors expect continued revenue growth amid the launch of new gaming consoles and the development of the NFT segment.
- Core & Main (CNM, USA) — supplier of materials for water and sewer systems. Will publish a report for Q2 of 2025 (April-June) after the market closes. Analysts evaluate the stability of demand for infrastructure and the impact of rising costs.
- Dave & Buster’s (PLAY, USA) — entertainment restaurant chain. Will announce financial results for Q3 of fiscal year 2025 (October-December) after market close. Key focus will be on LFL sales dynamics and expansion plans.
- Cracker Barrel Old Country Store (CBRL, USA) — chain of themed restaurants and stores. Will report for Q2 of fiscal year 2025 (August-October) after the NYSE closes. Focus will be on operating profit comparisons year-on-year.
- Lands’ End (LE, USA) — retailer of clothing and home goods. Will present financial results for Q3 of 2025 (October-December) after the market closes. Monitoring consumer demand changes and online sales strategies.
Other Regions and Indices: Euro Stoxx 50, Nikkei 225, MOEX
- Euro Stoxx 50 (Eurozone) — no significant releases or reports from blue-chip stocks on Tuesday. The index dynamics are influenced by news from the US and Asia, as well as the energy crisis and inflation. Investors prioritize quarterly reports from European industrial giants, starting this week.
- Nikkei 225 (Japan) — the reporting season for Q2 (April-September) is ongoing for many companies. On Tuesday, focus will be on reports from major industrial enterprises and auto parts manufacturers, as well as signals from the Bank of Japan regarding possible policy easing. Volatility on the Tokyo Stock Exchange will be subdued due to local trading and external factors.
- MOEX (Russia) — the local market responds to macro news in the medium term: the ruble maintains a level of 76–77 against the dollar amid moderate profits from oil exports. The report from Sberbank and the anticipation of dividends for the year-end remain in focus. Among major companies, the energy and metallurgy sectors are key, with their reporting season starting later (January-February).
Day Summary: Key Attention Points for Investors
- RBA Rate — the Reserve Bank of Australia’s decision (expected to be unchanged) sets the tone for the Australian dollar and commodity currencies. The risk of a new tightening wave in November has been priced in by the markets; thus, in case of "inaction" from the key rates, the AUD may slightly decline, weakly supporting commodity indices.
- Monetary Policy of the Fed — while the official decision from the Fed will only be tomorrow, today investors are already evaluating interviews and public speeches from FOMC members. Any signs of readiness to lower rates or, conversely, the desire to hold them at current levels will inevitably reflect on the dynamics of Treasury yields and the valuations of American technology stocks.
- Corporate Reports — focus on results from AutoZone (auto parts sales) and GameStop (video games), as well as Sberbank and other large companies. Strong results may shift investor focus from macroeconomics to specific sectors: tech and consumer stocks react sharply to revenue and profit updates.
- Oil and Commodities — consolidation around $66–68 per barrel of Brent creates risks for energy companies. It is essential to monitor weekly oil inventory data and possible OPEC+ statements on quota extensions. With record-low expectations for demand growth, oil prices remain supported, but a recovery in global demand could quickly alter the balance.
- Risk Management — the day is packed with events, which creates volatility in the markets. It is advisable for investors to predefine price movement "corridors" for stocks and currencies, use limit orders, and hedge key positions. Careful attention should be given to announcements from major issuers, preparing for sharp market reactions to unexpected data.
