Full Review of Economic Events and Corporate Reports for Sunday, November 23, 2025. G20 Summit, Zoom Financials, and Key Companies in the US, 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 captures investor attention with the absence of the United States and discussions on critical issues in the global economy. There are no significant **economic events** scheduled for today, so the **corporate reports** of major companies serve as the primary driver of news. At the heart of the corporate calendar are the financial results of American companies (led by Zoom Video), while markets in Europe, Asia, and Russia are looking to external signals. Investors are assessing the combination of geopolitical outcomes and corporate releases in preparation for a new trading week.
Macroeconomic Calendar (GMT+3)
- Throughout the Day – Johannesburg, South Africa: The second (concluding) day of the G20 leaders' summit. Discussions on the global economy, climate policy, debt burden challenges facing developing countries, and other world issues.
G20 Summit: Key Issues
- Final Declaration and Support Measures: Investors are awaiting the final communiqué from the G20 summit, reflecting the coordination of efforts by the largest economies. Decisions on alleviating the debt burden for the poorest nations or new development financing initiatives may enhance the attractiveness of emerging market assets.
- Absence of the US at the Summit: For the first time in G20 history, the meeting is taking place without full participation from the United States, creating an unusual precedent. The dominance of other powers (China, EU, etc.) in discussions may reallocate focus in the global agenda. Investors are evaluating whether the absence of the US will diminish the effectiveness of agreements or, conversely, strengthen cooperation among the other participants.
- Climate and Energy: The focus is on the transition to clean energy and climate investments. If G20 countries agree to enhance financing for "green" projects or to limit emissions, this could have long-term implications for commodity markets (oil, coal) and increase interest in stocks of renewable energy companies.
Financial Reports: Before Market Open (BMO, US)
- No Significant Releases Expected: Ahead of the main trading day in the US, no major corporate reports are anticipated. Markets will look towards the overall news background – the outcomes of the G20 summit and sentiments from the Asian-European session. With no macro statistics being published on November 23, the morning will be spent awaiting more active events on Monday.
Financial Reports: After Market Close (AMC, US)
- Zoom Video Communications (ZM) – Leading video conferencing platform. Focus: growth rates of corporate users and revenue from subscription services amid market saturation post-pandemic. Investors are seeking updated guidance from management on demand trends for 2026 and profitability indicators, which will reveal if Zoom can maintain its margins as services expand.
- Keysight Technologies (KEYS) – Manufacturer of electronic measurement equipment and software (S&P 500 company). Key metrics: order volume from the telecom and semiconductor sectors (including 5G and aerospace segments), as well as margin dynamics. Keysight's results will provide insight into the state of the investment cycle in high-tech manufacturing.
- Agilent Technologies (A) – Developer of lab and diagnostic equipment (S&P 500). We look at revenue in the biopharmaceutical services and analytical instruments segment: high growth rates indicate robust demand from pharmaceuticals and research institutions. Investors are also interested in the company's guidance for the next year and cost optimization measures that impact profitability.
- Symbotic (SYM) – Provider of robotic warehouse automation systems (AI solutions for retail). Important metrics: expansion of the order portfolio from large retail chains (Symbotic is already collaborating with Walmart, among others), revenue growth, and progress in improving technology efficiency. Symbotic's results will demonstrate the level of AI robot integration into supply chains and the growth potential of the business.
Other Regions and Indices: Euro Stoxx 50, Nikkei 225, MOEX
- Euro Stoxx 50 (Europe): European markets begin the week without new reports from "blue chips" on Sunday. The dynamics of Eurozone indices will depend on external factors – investors are evaluating signals from G20 and preparing for upcoming economic indicators in the coming days. Attention will remain on EUR/GBP exchange rates and EU government bonds amid the lack of domestic drivers on this day.
- Nikkei 225 (Japan): In Japan, the quarterly reporting season is nearing its end – most large companies have already disclosed 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 beginning of the week will be influenced by external risk demand and the outcomes from Friday's Wall Street session, as there are few local triggers on Sunday.
- MOEX (Russia): In the Russian market, the publication of financial results for Q3 continues. In the last weeks of November, a series of reports from Russian issuers are traditionally released – from energy companies to retailers. The peak of the nine-month corporate reporting season occurs at the end of November – early December. The movement of the Moscow Exchange index, in the absence of global news today, will be determined by individual corporate stories and external factors (oil price dynamics and the ruble exchange rate).
End of Day: What Investors Should Pay Attention To
- G20 Summit: The concluding statements of G20 leaders and agreements reached (in climate, support for developing economies, market regulation) may set the tone for global markets at the start of the new week. Special attention should be paid to the possible reactions of emerging market currencies and commodity prices if initiatives affecting global capital flows are announced.
- US Tech Sector (Zoom and others): Financial results from Zoom Video and comparable tech companies after market close may shift investors' focus from macro factors to external corporate factors. A strong quarter and positive guidance from Zoom and companies in the sector will support the Nasdaq and growth stocks, while disappointments may heighten caution and lead to profit-taking in overheated segments of the IT market.
- Consumer Demand and Retail: The upcoming week includes Black Friday (November 28) and the subsequent Cyber Monday – key sales days that will reveal actual purchasing activity in the US and Europe. Markets may already begin to price in expectations for holiday sales outcomes: positive signals (growth in online orders, store traffic) will support stocks of retailers and e-commerce businesses, while weak consumer demand will raise concerns about the state of the economy.
- European and Asian Markets in the Absence of Drivers: As Sunday brings no new data, investors should monitor sentiments in futures markets and the Asian session on Monday morning. The lack of clear drivers may lead to restrained fluctuations in indices, but any unexpected news (geopolitics, statements from regulators) could trigger market movements. Upcoming events of the week (e.g., consumer confidence index in the US on Tuesday, PCE inflation data on Wednesday) are already on the horizon and may keep market participants from taking active actions on Monday.
- Risk Management Ahead of the Holidays: A shortened session in the US is ahead due to Thanksgiving, so liquidity in the markets will decrease in the latter half of the week. Investors should use today's calm to recalibrate their portfolios: set target levels for key positions, establish reasonable stop-losses, and limit orders. Low volatility does not preclude sudden price spikes on news – readiness for such surprises will help preserve profits and avoid unnecessary losses.
