Comprehensive Overview of Economic Events and Corporate Reports for Sunday, November 23, 2025. G20 Summit, Zoom's Earnings Report, and Key Companies in the USA, Europe, Asia, and Russia.
On this Sunday, November 23, 2025, the global agenda takes center stage against a backdrop of relatively calm macro statistics. The second day of the G20 Summit in South Africa catches the attention of investors as the absence of the United States coupled with discussions on key issues surrounding the global economy leads the narrative. No substantial **economic events** are scheduled for today, hence **corporate reports** from major companies serve as the primary news driver. The corporate calendar is marked by the financial results of American companies, spearheaded by Zoom Video, while markets in Europe, Asia, and Russia are reacting to external signals. Investors are assessing a blend of geopolitical outcomes and corporate releases as they prepare for a new trading week.
Macroeconomic Calendar (Moscow Time)
- Throughout the Day – Johannesburg, South Africa: The second (and final) day of the G20 leaders' summit. Discussions will focus on the global economy, climate policy, the debt burden faced by developing nations, and other worldwide challenges.
G20 Summit: Key Issues
- Final Declaration and Support Measures: Investors are eagerly awaiting the concluding communiqué from the G20 summit, which will reflect the coordination of efforts among the largest economies. Decisions regarding easing the debt burden of the poorest nations or new development finance initiatives may enhance the attractiveness of emerging market assets.
- Absence of the United States at the Summit: For the first time in G20 history, the meeting is taking place without full participation from the U.S., creating an unusual precedent. The dominance of other powers (China, the EU, etc.) in discussions could shift the emphasis in the global agenda. Investors are assessing whether the lack of U.S. presence will diminish the effectiveness of agreements or, conversely, reinforce cooperation among the remaining participants.
- Climate and Energy: The agenda includes transitioning to clean energy and climate investments. If G20 nations agree to enhance financing for 'green' projects or impose emissions limits, this could have a long-term effect on commodity markets (oil, coal) and increase interest in renewable energy stocks.
Earnings Reports: Pre-Market (BMO, USA)
- No Significant Releases Expected: Ahead of the main trading day in the U.S., no major corporate earnings reports are anticipated. Markets will focus on the broader news backdrop – the outcomes of the G20 summit and mood from the Asian-European session. As no macro statistics are published on November 23, the morning will be spent in anticipation of more active events on Monday.
Earnings Reports: Post-Market (AMC, USA)
- Zoom Video Communications (ZM) – a leading video conferencing platform. Focus: growth rates of corporate users and revenue from subscription services amid market saturation following the pandemic. Investors await updated management forecasts regarding demand trends for 2026 and profitability metrics, which will indicate whether Zoom can maintain margins amidst service expansion.
- Keysight Technologies (KEYS) – a manufacturer of electronic measurement solutions and software (S&P 500 company). Key metrics: volume of orders from telecom and semiconductor sectors (including 5G and aerospace segments) and margin trends. Keysight's results will provide insight into the current investment cycle in high-tech manufacturing.
- Agilent Technologies (A) – a developer of laboratory and diagnostic equipment (S&P 500). We will be looking at revenue in the biopharmaceutical services and analytical instruments segment: high growth rates signal steady demand from pharmaceuticals and research institutions. Investors are also keen to hear the company's guidance for the next year and cost-optimization measures affecting profitability.
- Symbotic (SYM) – a provider of robotic warehouse automation systems (AI solutions for retail). Important metrics: expansion of order portfolios from major retail chains (Symbotic is already collaborating with Walmart and others), revenue growth, and progress in improving technology efficiency. Symbotic's results will reflect the level of AI robot integration into supply chains and business growth potential.
Other Regions and Indices: Euro Stoxx 50, Nikkei 225, MOEX
- Euro Stoxx 50 (Europe): European markets kick off the week without new reports from 'blue chip' companies on Sunday. The dynamics of Eurozone indices will depend on the external backdrop – investors assess signals from the G20 and prepare for economic indicators to be released in the coming days. The focus will remain on EUR/GBP exchange rates and EU government bonds in light of the lack of domestic drivers today.
- Nikkei 225 (Japan): In Japan, the quarterly earnings season is nearing its end – the majority of large companies have reported their half-year results. In the absence of fresh reports, attention shifts to the yen exchange rate and comments from Bank of Japan officials. Trading on the Tokyo Stock Exchange at the start of the week will be influenced by external risk-demand dynamics and results from Friday’s Wall Street session, as there are few internal triggers today.
- MOEX (Russia): In the Russian market, financial results for Q3 continue to be released. Traditionally, a series of reports from Russian issuers – ranging from energy companies to retailers – comes out in late November. The peak of the nine-month corporate earnings season falls at the end of November to early December. The movement of the Moscow Exchange Index in the absence of global news today will be influenced by individual corporate stories and external factors (oil price dynamics and the ruble exchange rate).
Day's Summary: What Investors Should Pay Attention To
- G20 Summit: The concluding statements from G20 leaders and agreements reached (in areas such as climate, assistance to developing economies, market regulation) may set the tone for global markets at the start of a new week. Specific attention will be paid to possible reactions from emerging market currencies and commodity prices if initiatives impacting global monetary flows are announced.
- U.S. Tech Sector (Zoom and others): Financial results from Zoom Video and comparable tech companies post-market may shift investors' focus from macroeconomic factors to external corporate ones. Strong quarterly results and a positive forecast from Zoom and sector companies may support the Nasdaq and growth stocks, while disappointments can heighten caution and trigger profit-taking in overheated IT market segments.
- Consumer Demand and Retail: The opening week includes Black Friday (November 28) and the following Cyber Monday – key sales days that will reveal real purchasing activity in the U.S. and Europe. Markets may begin to price in expectations regarding holiday sales outcomes: positive signals (growth in online orders, store traffic) will support shares of retailers and e-commerce companies, while weak consumer demand may raise concerns about economic health.
- European and Asian Markets in the Absence of Drivers: Given that Sunday brings no new data, it is important for investors to monitor sentiments in the futures markets and the Asian session on Monday morning. The lack of clear drivers might indicate muted index fluctuations, but any unexpected news (geopolitical developments, regulatory statements) could trigger movement. Upcoming weekly events (such as the U.S. consumer confidence index on Tuesday, PCE inflation data on Wednesday) are already on the horizon and might keep market participants from taking active steps on Monday.
- Risk Management Ahead of the Holidays: A shortened trading session in the U.S. is ahead due to Thanksgiving, resulting in reduced market liquidity later in the week. Investors should use the current calm day to recalibrate their portfolios: determine target levels for key positions and set reasonable stop-loss and limit orders. Low volatility does not exclude sudden price spikes on news – readiness for such surprises will help preserve profits and avoid unnecessary losses.
