Detailed Overview of Economic Events and Corporate Reports for Tuesday, December 9, 2025. Key Macroeconomic Data, Investor Expectations, and Company Reports from the USA, Europe, Asia, and Russia.
At the beginning of the trading session on Tuesday, December 9, 2025, investors are focusing on the Reserve Bank of Australia's (RBA) meeting and the upcoming Federal Reserve's (Fed) meeting in the USA. Among the corporate news, the highlights include reports from major companies such as the US auto parts retailer AutoZone (Q1 results for fiscal 2026) and the Russian bank Sberbank (results for 11 months according to RAS). Additionally, companies like Ashtead, Campbell's, GameStop, Core & Main, and others will also announce their results. Markets are analyzing macroeconomic signals and corporate reports to formulate investment strategies.
Macroeconomic Calendar (MSK)
- 06:30 — Australia: RBA's 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 costs for Q3 (preliminary data).
- 19:00 — USA: Speeches from Fed representatives (market expectations survey prior to next week's meeting).
- 00:30 (Wed, MSK) — USA: API crude oil inventory change data (for the week).
Australia: RBA Meeting
In Australia, the central bank is expected to maintain the key rate at a record low of 3.60% following 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% annual) and the slowing GDP growth supports the maintenance of a loose 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 Russian ruble and emerging markets, this implies a lower likelihood of a sharp depreciation of the Australian dollar and moderate decreases in bond yields. Considering market concerns about inflation, investors will closely monitor the RBA's statement and its implications for interest rate expectations in Asia.
Oil and Commodities: Staying the Course
The energy sector remains in focus. In previous OPEC+ meetings, countries agreed to maintain restrictive production quotas in the first quarter of 2026. With moderate demand, the current oil balance remains tight. Current Brent prices are holding within a narrow range of $65–70.00 per barrel, aided by stabilizing stocks in the USA. In this context, it is crucial for investors to observe EIA and API inventory data, which will indicate the rate of accumulation or depletion of reserves. An increase in stocks could exert downward pressure on prices, while an unexpected decrease could support oil companies. Additionally, prices for other commodities (metals, grains) are under pressure from the strengthening dollar and slowing global economy, which limits the growth of commodity prices.
Europe: Cautious Expectations
In Europe, the primary focus will be on the British economy and the Eurozone. While there are not many significant data points on Tuesday, investors are assessing the implications of tightened energy policies and inflation. The Bank of England and the ECB continue to maintain high rates, and any positive signals regarding a decrease in inflation could prompt a weakening of the pound and the euro. European stock indices (Euro Stoxx 50, FTSE, DAX) will be sensitive to global stock market dynamics and commodity prices. Investors are also tracking the outcomes of European corporate reports for the third quarter — only a few companies from European exchanges are reporting on Tuesday, but publications in the coming days could adjust market sentiment.
Corporate Earnings: Before the Market Opens (USA, Europe, Asia)
- Ashtead Group (AHT, UK) — a major construction equipment rental company (FTSE 100). Will present results for Q2 of fiscal 2026 (September-November) before the European trading opens.
- Sberbank (MOEX: SBER) — a leading Russian bank. Will reveal operational results according to RAS for the first 11 months of 2025.
- Henderson — a Russian retail chain for clothing (managed by FORT Group). Will publish revenue data for November 2025.
- Ferguson (FERG, USA) — a distributor of building materials (NYSE). Will report for Q1 of fiscal 2026 (ending October 31, 2025). A conference call is scheduled for 14:45 MSK.
- AutoZone (AZO, USA) — a large auto parts chain (S&P 500). Will present results for Q1 of fiscal 2026 (ending November 30, 2025) before the market opens. Analysts will evaluate sales dynamics in the USA and Mexico.
- The Campbell’s Company (CPB, USA) — a food producer. Will report for fiscal Q1 of 2026 (September-November) before the NYSE opens. Investors are interested in revenue growth and margin recovery after last year's decline.
Corporate Earnings: After the Market Closes (USA)
- GameStop Corp. (GME, USA) — a video game retailer. Will present results for Q3 of fiscal 2025 (July-September) after market close. Investors expect continued revenue growth amidst the launch of new gaming consoles and the development of the NFT sector.
- Core & Main (CNM, USA) — a supplier of water and sewer system materials. Will publish a report for Q2 of 2025 (April-June) after market close. Analysts are assessing demand stability for infrastructure and the impact of rising costs.
- Dave & Buster’s (PLAY, USA) — an entertainment restaurant chain. Will disclose financial results for Q3 of fiscal 2025 (October-December) after market close. The focus will be on LFL sales dynamics and expansion plans.
- Cracker Barrel Old Country Store (CBRL, USA) — a chain of themed restaurants and stores. Will report for Q2 of fiscal 2025 (August-October) after the NYSE closes. The spotlight will be on operational profit comparisons with the previous year.
- Lands’ End (LE, USA) — a retailer of clothing and home goods. Will present financial results for Q3 of 2025 (October-December) after market close. Investors are tracking changes in consumer demand 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 chips" on Tuesday. The index's dynamics are influenced by news from the USA and Asia, as well as the energy crisis and inflation. Investors are prioritizing quarterly reporting from European industrial giants that will begin this week.
- Nikkei 225 (Japan) — the earnings season for Q2 (April-September) continues for many companies. On Tuesday, reports from major industrial corporations and auto component manufacturers are in focus, along with signals from the Bank of Japan regarding possible policy easing. Volatility on the Tokyo Stock Exchange will be restrained due to local trading and external factors.
- MOEX (Russia) — the local market is reacting to macro news in the medium term: the ruble is holding at levels of 76–77 against the dollar amidst moderate profits from oil exports. The focus remains on the Sberbank report and expectations for year-end dividends. In terms of major companies, energy and metallurgy sectors will be key, with their earnings season commencing later (January–February).
Day’s Summary: Key Points for Investors
- RBA Rate — The Reserve Bank of Australia's decision (expected to maintain current levels) sets the tone for the Australian dollar and commodity currencies. The risk of a new tightening wave in November is already factored into the markets, so if there is recent “inactivity” of key rates, the AUD may slightly decline, providing limited support for commodity indices.
- Fed Monetary Policy — although the Fed's official decision will be made tomorrow, investors are already evaluating interviews and public speeches from FOMC members today. Any signs of readiness to lower rates or, conversely, a desire to “hold” them at current levels will inevitably impact the dynamics of Treasury yields and the quotes of American tech stocks.
- Corporate Reports — the results of AutoZone (auto parts sales) and GameStop (video games) will be in focus, as well as those of Sberbank and other major companies. Good performances may shift investor focus from macroeconomics to specific sectors: technology and consumer stocks are likely to respond sharply to revenue and profit updates.
- Oil and Commodities — consolidation around $66–68 for Brent creates risks for energy companies. Weekly data on oil inventories and potential OPEC+ statements regarding quota extensions should be closely monitored. With record low expectations for demand growth, oil prices remain supported, but a recovery in global demand could quickly change the balance.
- Risk Management — this day is packed with events, which creates volatility in the markets. Investors should predefine “corridors” for stock and currency price movements, use limit orders, and hedge key positions. It is essential to stay attentive to announcements from major issuers and prepare for sudden market reactions to unexpected data.
