Global Economic Events and Corporate Reports for Sunday, January 11, 2026: US Inflation Expectations, the Start of Earnings Season, Market Dynamics, and Key Indicators for Investors.
On Sunday, January 11, 2026, the global financial markets are expected to experience a relatively calm atmosphere. Major exchanges worldwide are closed for the weekend, leading investors to focus on specific events. The highlight of the day will be the financial results from major Indian IT companies Tata Consultancy Services and HCL Technologies. Concurrently, market participants are gearing up for the upcoming important economic events of the week, including the release of US inflation data (CPI), which adds a sense of anticipation to the day. Global stock indices such as the S&P 500 (USA), Euro Stoxx 50 (Europe), and Nikkei 225 (Japan) ended the previous week with little movement, reflecting mixed investor sentiments at the start of the year. Following the New Year holidays, the Russian MOEX index also showed no significant trend amid low market participant activity.
Market Sentiment
The start of the new week unfolds in a relatively quiet setting on the markets. The absence of significant statistical releases over the weekend contributes to low volatility. Investors are assessing the outcome of the first trading week of the year: in the USA and Europe, the business activity index exhibited mixed results, while the latest US labor market data confirmed the resilience of economic growth. Against this backdrop, the US S&P 500 index showed almost no change by the end of the previous week, the Euro Stoxx 50 in Europe recorded limited growth, and the Japanese Nikkei 225 fluctuated around previously attained levels. The Russian equity market also had a calm start to the year, with no substantial changes in the MOEX index. Absent fresh trading drivers, activity on Monday may remain subdued, as global markets will look to external signals and upcoming events.
Macroeconomic Events
The economic calendar for Sunday lacks significant macroeconomic statistics. However, a series of important reports and indicators are ahead that could affect investor sentiment in the coming days. The key event of the upcoming week will be the release of US inflation data – the Consumer Price Index (CPI) for December, which will be published on Tuesday. This indicator is critically important for assessing the Federal Reserve's subsequent interest rate actions. Generally, the following key events are expected this week:
- Tuesday, January 13: UK labor market report (employment and average earnings), release of US CPI data for December.
- Wednesday, January 14: Producer Price Index (PPI) inflation data in the US and retail sales report for December.
- Thursday, January 15: Australia labor market statistics (employment, unemployment rate), as well as the release of important macroeconomic indicators from China (trade balance and import-export metrics).
- Friday, January 16: Release of China's GDP estimate for Q4 2025, final data on Germany's consumer price index for December.
The absence of data at the beginning of the week gives investors time to reassess accumulated information. However, by Tuesday, market attention will shift to inflation indicators: the results of the CPI in the USA could set the tone for movements in equity, commodities, and currency markets. Additionally, the combination of US inflation and statistics from China and Europe over the week will provide a global backdrop that will shape trader sentiment.
Company Reports in Asia
- Tata Consultancy Services (India): India's largest IT company and one of the leading firms globally, TCS, will report its financial results for the third quarter of its 2026 fiscal year. Analysts expect revenue growth of about 4% year-on-year, a more subdued pace compared to approximately 5.5% the previous year. This moderate growth reflects seasonal factors (fewer working days in December) and clients' cautious approach to new projects amid economic uncertainty in the USA and Europe. Investors will closely monitor TCS's management commentary on demand for IT services and developments in artificial intelligence projects, as the company traditionally sets the tone for the entire Indian IT sector.
- HCL Technologies (India): Another leader in 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, comparable to the previous quarter. The company, like other Indian software giants, faces persistent demand weakness from clients in the USA and Europe. Analysts do not expect HCL to raise its forecast for annual revenue – management is likely to maintain a cautious outlook in light of external macroeconomic risks. The market will evaluate whether HCL has been able to improve its operating margin and which segments (e.g., cloud services or infrastructure) are showing the most significant growth.
- Yue Yuen Industrial (Hong Kong): One of the world's largest footwear manufacturers (contract partner for leading sports brands) will publish its sales data for December 2025. These figures will provide insights into the state of consumer demand in the global sports goods market at the year's end. Previous months indicated some slowdown in sales amid uncertainty in the global economy, hence investors will assess whether Yue Yuen managed to end the year on a positive note. The dynamics of the company's export sales will also serve as an indicator of the health of international supply chains and demand from the USA and Europe.
- Other Companies: In addition to the aforementioned, a number of smaller companies in Asia will also report quarterly results. For instance, Indian telecommunications and cloud services provider Sify Technologies will present its results for Q3, while financial company Anand Rathi Wealth will report its capital management performance. Although their scale is significantly smaller compared to giants like TCS and HCL, local investors may react to these reports, especially if the results deviate significantly from expectations. Overall, the Asian region begins the new week with a focus on India's technology sector and China's industrial demand indicators, forming a preliminary informational backdrop for trading on Monday.
Company Reports in the USA
The American corporate calendar for January 11 is virtually empty, as the majority of US companies do not publish reports on weekends. No significant quarterly reports from S&P 500 or Nasdaq constituents are scheduled for this date. Nevertheless, one smaller company set to report is:
- VOXX International (USA): A manufacturer of consumer electronics and automotive components known for automotive audio systems and accessories. VOXX will present its financial results for the third quarter of its 2025 fiscal year. Although the company is not categorized as a "blue chip," its sales and profitability dynamics could indirectly indicate the state of demand for durable goods in the USA. Investors will evaluate whether VOXX has been able to improve its performance amid high competition and the recently concluded holiday season, critical for the electronics sector.
It is worth noting that within the USA, the new corporate earnings season is set to kick off in just a couple of days: on Tuesday, January 13, several major American banks, including JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup, will begin publishing results for Q4 2025. These financial sector reports will attract close attention and may set the overall tone for the US stock market in the coming weeks. Besides banks, several technology and industrial companies are scheduled to report in the latter half of the week, positioning the relatively calm weekend pause in the USA as merely a lull before the information deluge that will hit the markets at the start of the new week.
Company Reports in Europe and Russia
On Sunday, January 11, there are no scheduled corporate reporting publications in either Europe or Russia, which is 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 begin their earnings seasons later, in the second half of the month and in February. Nevertheless, investors in the region are attentive to external factors: signals from American and Asian corporations will be particularly important as they may influence sentiment at the week’s start.
Similarly, Russian public companies do not report financial results in the early days of the new year. Generally, the reporting of results for Q4 and the entire past year in the Russian market occurs much later—in late winter and early spring. Therefore, the local informational backdrop is currently relatively quiet. Following the lengthy New Year holidays, Russian investors are primarily focused on global factors and the situation in commodity markets. In the absence of internal corporate events, the dynamics of the Russian market at the week’s start will depend on external news and the overall sentiment of global exchanges.
What Investors Should Pay Attention To
Given that Sunday is devoid of significant events, investors should use this breather to prepare for a week filled with events. The focus will be on the December inflation data in the USA—an unexpected jump or, conversely, a slowdown in CPI on Tuesday could noticeably influence expectations regarding interest rates and thereby affect the dynamics of the dollar and stock indices. Additionally, the commencement of the earnings season, especially the results of the largest US banks and technology companies from Asia, will set the tone for the stock market worldwide. By midweek, volatility may increase, making it essential to assess risks and prepare for potential fluctuations.
Overall, the calm beginning on January 11 serves as a "calm before the storm." Global indices (S&P 500, Euro Stoxx 50, Nikkei 225, as well as the Russian MOEX index) will soon receive new momentum for movement. Investors in the CIS markets are advised to closely monitor the international agenda: inflation data, regulatory decisions, and the first financial reports of the year will help form a clearer picture of the directions of economic and corporate profit developments in 2026. In an environment of uncertainty, the ability to react swiftly to emerging information while maintaining a diversified and balanced investment portfolio will be crucial.
