Economic Events and Corporate Reports December 8

Overview of Key Economic Events and Corporate Earnings Reports for the Week of December 8–12, 2025, with Analysis of Their Impact on Global Markets for Investors

During the week of December 8–12, 2025, investors worldwide closely monitored significant economic events and quarterly earnings reports from major companies. The macroeconomic statistics released during these days included central bank decisions and the publication of key inflation data, impacting the state of the global macroeconomy and the sentiment in the stock market. At the same time, major public companies from the U.S., Europe, and Asia (including representatives from the S&P 500, Euro Stoxx 50, Nikkei 225, and the Russian MOEX) presented their quarterly reports and annual company reports. Below is a daily overview of the key events of the week and corporate earnings that cater to the needs of investors, analysts, and financial professionals.

Monday, December 8, 2025

Macroeconomic Events

China (Morning MSK): Release of foreign trade data for November. The statistics showed a significant increase in China's trade surplus, indicating the high external resilience of the world's second-largest economy amid global challenges.
Brazil (Afternoon MSK): Release of several economic indicators, including data on industrial production and inflation, providing signals about the current state of the largest economy in Latin America.
No other significant macroeconomic publications were scheduled for the day.

Corporate Earnings Reports

Toll Brothers (USA): The largest luxury real estate developer released its financial report for the fourth quarter. Investors noted an increase in revenue and profit amid robust demand for premium housing. Toll Brothers' positive results bolstered optimism in the housing construction sector.
Compass Minerals (USA): The mineral producer reported quarterly results. The company saw moderate revenue growth, but investors were closely assessing the outlook for commodity demand amid price fluctuations.
Phreesia (USA): The healthcare solutions provider released quarterly results with zero earnings per share, in line with expectations. The results indicate business stability, but further investments will depend on revenue dynamics in upcoming reporting periods.

Tuesday, December 9, 2025

Macroeconomic Events

03:30 MSK – Australia: Meeting of the Reserve Bank of Australia (RBA) and decision on interest rates. The RBA kept the rate unchanged at 3.60%, aligning with expectations. In the accompanying statement, the regulator highlighted stable inflation within the target range, signaling a wait-and-see position regarding further monetary policy easing.
12:00 MSK – Eurozone: Release of preliminary data on the consumer price index. The preliminary inflation estimate in the Eurozone showed a slowdown in price growth, capturing the attention of investors in the stock market in Europe and potentially influencing the upcoming decisions of the European Central Bank.
17:00 MSK – China: Release of producer price index (PPI) and consumer price index (CPI) data for November. China's inflation dynamics remained subdued: the CPI index indicated low price growth, while the PPI confirmed ongoing deflationary trends at the producer level. These economic events in China are crucial for Asian markets and commodity prices.

Corporate Earnings Reports

AutoZone (USA): The largest auto parts retailer (S&P 500 index) released its financial report for the first financial quarter. AutoZone's sales increased, particularly in the aging vehicle service segment. Despite a slight decline in profit, adjusted metrics indicate steady demand: comparable sales rose, and store network expansion continues, which is viewed positively in the context of investments in the auto parts sector.
Campbell Soup Company (USA): The American food company presented results for the previous quarter. The manufacturer of well-known food brands reported stable revenue and reaffirmed its annual forecast, indicating sustained demand in the consumer market.
GameStop (USA): The well-known video game retailer and "meme stock" released quarterly results. GameStop's revenue surged significantly (+22% year-on-year) to ~$972 million thanks to successful sales of new gaming equipment (including the launch of the Nintendo Switch 2 console). Although the company remains unprofitable, investors noted improved margins and plans from the new management to transform the business model.
Casey’s General Stores (USA): The operator of a chain of convenience stores and gas stations reported increased sales of fuel and related products. Casey’s financial metrics confirm the trend of recovering consumer activity in U.S. regions.
Ferguson PLC (UK/USA): An international distributor of engineering equipment (included in the FTSE 100 and S&P 500 indices) published financial results reflecting quarterly revenue growth in North America. Investors positively reacted to the report, as it signals steady demand for construction and renovation products.

Wednesday, December 10, 2025

Macroeconomic Events

04:30 MSK – China: Consumer Price Index (CPI) for November. Year-on-year inflation in China remained close to zero, reflecting weak domestic price growth. Low CPI and PPI readings (released the previous day) signal the absence of price pressure, which may prompt the People's Bank of China to maintain a dovish policy and support the economy through stimulus measures.
17:45 MSK – Canada: Meeting of the Bank of Canada and decision on interest rates. The regulator kept the rate steady at 2.25%, as expected by the market. In the accompanying statement, the Bank of Canada noted a slowdown in growth and moderate easing of inflation, indicating the need to balance support for the economy and price control. The Canadian dollar reacted with a slight strengthening, considering the absence of signals for further rate cuts.
22:00 MSK – USA: Federal Reserve System's (FOMC) decision on the key interest rate. **The Fed lowered the rate by 0.25%** at the conclusion of the two-day meeting, as widely anticipated, to a range of 5.25–5.50%. In the comments, the FOMC noted the slowdown of inflation in the U.S.; however, Chair Jerome Powell emphasized during the press conference (22:30 MSK) that the cycle of policy easing will depend on further macroeconomic data. This key event of the week triggered increased volatility in global markets: the U.S. dollar index initially dipped, while stock indices, including the S&P 500, reacted with gains on hopes for more accommodative monetary policy.

Corporate Earnings Reports

Adobe (USA): A leader in the software sector (S&P 500 index) released financial results for the fourth quarter of the fiscal year. Adobe reported strong revenue growth from subscriptions to its cloud services, exceeding analysts' forecasts. Investors highly valued the double-digit growth in the digital media segment and the positive outlook for the next year, strengthening the company's stock positions.
Oracle (USA): The largest company in corporate IT solutions reported results for the second financial quarter. Oracle posted increases in profit and cloud revenue due to rising demand for cloud services and database products. The Oracle report was one of the most anticipated of the week, and its strong numbers supported the upward trend of technology stocks in the U.S. market.
Synopsys (USA): A software developer for chip design presented its annual report. Synopsys demonstrated revenue growth due to increasing orders from semiconductor manufacturers. The results indicate sustained investments in the technology sector for the development of new chips, which is crucial for long-term investments in the high-tech industry.
Nordson (USA): An engineering company (supplier of dosing and coating equipment) released a report for the fourth quarter. Despite a slight decline in sales year-on-year, Nordson's profit exceeded expectations due to improved operational efficiency. This reflects the company's flexibility amid fluctuations in industrial demand.
Oxford Industries (USA): A fashion house (owner of brands including Tommy Bahama) presented quarterly results with sales growth. Pre-season clothing sales during the holiday period were notably successful, improving the company's forecast for the final quarter of the year.
Chewy (USA): An online retailer for pet products reported its results ahead of the market opening. Chewy noted revenue growth driven by an increase in active customers and average order size. While growth rates have somewhat slowed, the company continues to maintain market share, and investors are monitoring profitability metrics in a competitive e-commerce environment.

Thursday, December 11, 2025

Macroeconomic Events

03:30 MSK – Australia: Employment and unemployment report (for November). According to the published data, the unemployment rate in Australia remained at minimal levels (around 4.3%), and the number of employed continued to grow. This indicates resilience in the labor market, supporting the national economy. The Australian dollar reacted positively, as strong data reduces the likelihood of a near-term RBA rate cut.
11:30 MSK – Switzerland: Meeting of the Swiss National Bank (SNB). The regulator expectedly kept the interest rate at 0.0% after a series of cuts earlier in the year. The SNB emphasized its readiness to intervene in the currency market if necessary to curb excessive strengthening of the franc. At a press conference (12:00 MSK), SNB leadership reaffirmed commitment to a soft monetary policy, which slightly weakened the Swiss franc in the currency market.
16:30 MSK – USA: Producer Price Index (PPI) for November. The PPI dynamics in the U.S. was moderate (+0.2% month-on-month), indicating a weakening of inflationary pressures at the manufacturing level. This indicator, being a leading inflation indicator, supports expectations for slower consumer price growth. The news was positively received by the U.S. stock market, as it lowers the likelihood of aggressive actions by the Fed.

Corporate Earnings Reports

Broadcom (USA): One of the world's largest semiconductor manufacturers (S&P 500 index) reported after market close. Broadcom demonstrated strong financial results for the fourth quarter: revenue and profit exceeded forecasts due to high demand for chips for data centers and networking equipment. Additionally, the company announced an optimistic outlook for the next year, considering the growth of investments in artificial intelligence infrastructure. These news prompted a positive investor reaction and increased Broadcom's stock prices.
Lululemon Athletica (USA): A Canadian-American manufacturer of athletic apparel (Nasdaq-100 index) presented its report for the third quarter. Lululemon reported double-digit sales growth both in retail stores and online, particularly noting success in the men's clothing and accessories segment. Business margins also improved. The successful reporting by the company highlighted the resilience of premium consumer demand, positively affecting retail sector stocks.
Costco Wholesale (USA): The largest operator of retail warehouse clubs (S&P 500 index) published financial results for the first quarter of its 2026 fiscal year. Costco reported growth in comparable sales, especially in the grocery category, despite a challenging inflationary environment. The number of membership cardholders increased, indicating customer loyalty. Investors reacted neutrally to the report, noting business stability and awaiting holiday sales data in the next period.
Ciena (USA): A telecommunications equipment supplier reported quarterly results before the market opened. Ciena demonstrated profit growth and an expansion of new orders for fiber optic equipment, driven by telecommunications operators' investments in network modernization. Positive results from Ciena bolstered confidence in the telecommunications sector's prospects.
RH (Restoration Hardware, USA): The American retailer of premium home goods published a report, showing a slight decline in revenue amid weaker demand for the luxury furniture segment. However, RH's profit exceeded expectations due to cost-cutting measures, which partially soothed investors' concerns about the state of the home goods sector.

Friday, December 12, 2025

Macroeconomic Events

10:00 MSK – Germany: Final estimate of the harmonized consumer price index (HICP) for November. According to the final data, inflation in the largest economy in Europe stood at 3.2% year-on-year, matching the preliminary estimate. The moderate slowdown in inflation in Germany confirms trends of declining price pressures in the Eurozone, influencing expectations for ECB policy.
18:00 MSK – USA: Preliminary Michigan Consumer Sentiment Index for December. The consumer sentiment indicator slightly increased (to ~53.3 points from 51.0 in November), indicating cautious optimism among American households. However, the index remains at historically low levels, reflecting ongoing consumer caution. Market reactions were subdued, as the index improvement was expected and falls within statistical error margins.
No other significant macroeconomic events were reported on this day, with markets shifting focus to the week's outcomes.

Corporate Earnings Reports

Johnson Outdoors (USA): A manufacturer of outdoor recreational products reported quarterly results before market opening. The company reported an increase in sales of camping and fishing gear, reflecting continued consumer interest in outdoor activities. At the same time, production costs rose, slightly shrinking margins; however, the overall tone of the report remained positive for investors.
Mitek Systems (USA): A developer of digital identification solutions presented its financial report. Mitek's revenue grew due to the expansion of its client base among banks and financial organizations implementing remote identification. Investors appreciated the company's prospects in the context of rising demand for cybersecurity and fintech technologies.
Reports from Russian issuers: In Russia, several companies also released financial results this week. For instance, the Cian Group (MOEX: CIAN) published its report for Q3 and the first nine months of 2025, showcasing a 45% year-on-year increase in net profit and a substantial rise in revenue from online real estate services. Additionally, Aeroflot released its IFRS report for the first nine months of 2025: the national airline's net profit nearly doubled compared to the previous year due to the recovery in passenger traffic. These local results contributed to the weekly picture on the MOEX market and were considered by investors in the Russian stock market.

Conclusion: Key Takeaways from the Week

The week of December 8–12, 2025, turned out to be eventful with both macroeconomic events and corporate earnings reports. The main event was the long-anticipated U.S. Federal Reserve rate cut: the 0.25% reduction and cautious commentary set a positive tone for the equity markets (the S&P 500 index ended the week higher). In Europe and Asia, investors also focused on central bank decisions (SNB, RBA) and inflation data, which collectively indicate a trend of slowing price growth and easing monetary policy. Among corporate reports, the results from technology giants and retailers were particularly notable: the robust quarterly earnings from Broadcom, Oracle, and Lululemon highlighted steady demand in their respective sectors. At the same time, improved financial metrics from several consumer sector companies (such as Costco and AutoZone) indicate sustained purchasing activity. Investors should pay special attention to signals from the macroeconomic market (inflation and central bank policies) and companies' guidance for the next quarter. These factors will determine the future dynamics of global markets and help adjust investments in anticipation of the new year.