Key Economic Events and Corporate Reports for Tuesday, December 2, 2025: Eurozone CPI, US JOLTS, Powell's Speech, Reports from CrowdStrike, Marvell, Okta, American Eagle, Signet, and Other Companies. A Comprehensive Overview for Investors.
On Tuesday, the focus will be on the corporate reports of major American technology and retail companies, while macroeconomic statistics will play a secondary role. Investors will closely monitor the publications from CrowdStrike and Marvell, as their results will set the tone for the cybersecurity and semiconductor sectors in the US. The performance of American retailers (American Eagle, Signet) will resonate with consumer sentiment and the S&P 500. Geopolitical events are also significant: in Moscow, US Special Representative Steve Witkoff will meet with Vladimir Putin, while NATO ministers discuss a peace plan for Ukraine. The geopolitical agenda may heighten volatility in the oil market and the defense sector. Against a backdrop of sparse data, the focus shifts to corporate forecasts and international news.
Corporate Reporting in the US and Canada
- CrowdStrike (CRWD, US) – a leading company in the cybersecurity sector. A report for Q3 will be released after market close: investors are interested in the growth of revenue from cloud services and annual recurring revenue (ARR).
- Marvell Technology (MRVL, US) – a semiconductor manufacturer. Financial results will be published, with key indicators including sales dynamics of specialized chips for data centers (especially in artificial intelligence and 5G segments).
- Okta (OKTA, US) – a provider of identity and access management solutions in the cloud. Reporting after market close, the company will reveal the number of new corporate clients and subscription revenue, reflecting the state of IT budgets in organizations.
- American Eagle Outfitters (AEO, US) – an American retailer of youth apparel. Its report will serve as an indicator of consumer demand for goods ahead of the holiday season, with forecasts on margins and sales volumes during this critical period being particularly vital.
- Signet Jewelers (SIG, US) – the world’s largest retailer of jewelry (brands include Kay, Zales, etc.). A strong sales growth in fashionable jewelry and lab-grown diamonds is projected for the second quarter. Investors will assess the recovery of demand in the engagement and wedding segments, as well as margin prospects.
- Bank of Nova Scotia (BNS, Canada) – one of Canada’s leading banks. The Q4 2025 income report will show how the bank is dealing with inflationary pressures and rising interest rates. Tracking credit portfolio and reserve indicators is important for assessing the health of the Canadian financial sector.
Company Reports from Europe and Asia
- Fast Retailing (TYO:9983, Japan) – the parent company of Uniqlo. It will announce sales results for November. Monthly data will provide insights into consumer demand in Asia and Europe (Uniqlo is actively expanding in these markets).
- Other Global Markets – on December 2, there are no notable blue-chip reports in Europe. Investors will focus on macroeconomic news: European and Asian indices (Euro Stoxx 50, Nikkei 225) are likely to react more to inflation data and geopolitical agendas than to corporate releases.
Macroeconomic Calendar (Moscow Time)
- 00:30 – US: API report on crude oil inventories. Preliminary data on oil, gasoline, and distillate inventories will set the tone for the oil market ahead of the official release from the US Department of Energy.
- 04:00 – US: Speech by Fed Chairman Jerome Powell. Comments from the Federal Reserve Chair may provide hints on future regulatory actions.
- 13:00 – Eurozone: Preliminary Consumer Price Index (CPI) for November. The year-on-year inflation change in the Eurozone is crucial for forecasting the European Central Bank's monetary policy.
- 18:00 – US: JOLTS report (job openings for September). This metric illustrates labor market trends and signals the pace of hiring in the American economy.
Geopolitical Factors
- US-Russia: In Moscow, US Special Representative Steve Witkoff is conducting negotiations with President Putin. This meeting, amid the situation in Ukraine and potential energy contracts, may induce volatility in the currency and commodity markets.
- NATO: Meeting of the alliance's foreign ministers. Special attention will be on the discussion of a peace plan for Ukraine, previously proposed by Donald Trump. The involvement of key European leaders (including Dutch Prime Minister Mark Rutte) may influence geopolitical expectations.
- China-Russia: The Chinese Foreign Minister Wang Yi is concluding his visit to Moscow (December 1-2). Bilateral talks on security and trade may strengthen trade ties between the countries.
- Russia: The 16th VTB Investment Forum "Russia Calls!" has commenced in Sochi (day 1). Major investment projects and measures to improve the business climate in Russia are discussed at the forum, which is important for understanding the prospects of the Russian capital market.
Commodity Markets
- Oil: Oil prices may be sensitive to news on inventories and geopolitics. The API data (00:30) will indicate supply/demand balance ahead of the weekly EIA report. Negative geopolitical signals (Ukraine, sanctions) may elevate prices for Brent and WTI.
- Metals and Commodities: Without significant reports. Copper and industrial metals remain under pressure from weak demand in China. Gold and silver continue to attract demand as a "safe haven" amidst geopolitical uncertainty and expectations of rate cuts from the Fed.
Summary of the Day: Key Points for Investors
- The results from CrowdStrike and Marvell will determine sentiment in the technology sector. Strong growth numbers and anticipated ARR could support Nasdaq and S&P 500, while poor reports may trigger sell-offs in IT stocks.
- Reports from retailers (American Eagle, Signet) will reveal consumer spending trends ahead of the holidays. High sales figures may bolster optimism in the US market; otherwise, confidence in consumer demand resilience may wane.
- Eurozone inflation data and JOLTS vacancies will provide insights into the outlook for monetary rates. A slowdown in inflation or a weak labor market will support bonds and the EUR currency. This could weaken the dollar and improve global risk sentiment.
- Geopolitics remains a source of uncertainty. Witkoff's meeting with Putin and discussions in NATO regarding the US plan could increase demand for "safe" assets and oil. Russians should monitor energy prices and the ruble exchange rate for possible fluctuations.
- Investors from the CIS should keep an eye on the behavior of global indices. On Wednesday, attention will be on the S&P 500, Euro Stoxx 50, Nikkei 225, and Moscow Exchange – their reactions to corporate reports and macro news will indicate trends for the following day.
