Detailed Review of Economic Events and Corporate Reports for Tuesday, December 9, 2025. Key Macroeconomic Data, Investor Expectations, Corporate Reports from the US, Europe, Asia, and Russia.
At the start of the trading session on Tuesday, December 9, 2025, investors are focusing on the Reserve Bank of Australia's (RBA) meeting and expectations ahead of the upcoming Federal Reserve (Fed) meeting in the US. Among corporate news, significant reports from major companies are in focus: American auto parts retailer AutoZone (Q1 results for the fiscal year 2026) and Russian bank Sberbank (11-month results under RAS). Other companies, including Ashtead, Campbell’s, GameStop, Core & Main, and more, will also be reporting results on this day. Markets are analyzing macroeconomic signals and corporate reports to formulate investment strategies.
Macroeconomic Calendar (MST)
- 06:30 — Australia: RBA decision on the key interest rate (expected to remain at 3.6%).
- 09:00 — Japan: preliminary industrial production data (November).
- 15:30 — USA: productivity and labor costs for Q3 (preliminary data).
- 19:00 — USA: speeches from Fed representatives (examining market expectations ahead of the meeting next week).
- 00:30 (Wed, MST) — USA: API crude oil inventory change data (weekly).
Australia: RBA Meeting
In Australia, the central bank is expected to maintain the key interest 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 slightly exceeded the target range (3.2% annual) and GDP growth has slowed, supporting a accommodative monetary policy. The RBA is likely to emphasize the necessity of "prolonged maintenance" of interest rates at current levels to avoid overheating the economy. For the ruble and developing markets, this suggests a lower likelihood of a sharp depreciation of the Australian dollar and a moderate decline in bond yields. Given 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 a focal point. In previous meetings, OPEC+ countries agreed to maintain production quotas in the first quarter of 2026. It is expected that, amid moderate demand, the current balance of oil remains tense. Current Brent prices are within a narrow range of $65–70.00 per barrel, aided by the stabilization of inventories in the US. In this regard, it is crucial for investors to track oil inventory data from the EIA and API to determine the pace of reserve accumulation or depletion. A rise in inventories could pressure prices, while an unexpected decline could support oil companies. Furthermore, prices for other commodities (metals, grains) are under pressure from a strengthening dollar and a slowing global economy, limiting the rise in commodity prices.
Europe: Cautious Expectations
In Europe, the focus is primarily on the British economy and the Eurozone. While there are few significant data releases on Tuesday, investors are observing the repercussions of tightened energy policies and inflation. The Bank of England and the ECB continue to maintain high rates, and any positive signals regarding falling inflation could trigger a weakening of the pound and the euro. European stock indices (Euro Stoxx 50, FTSE, DAX) will be sensitive to the dynamics of global stock markets and commodity prices. Additionally, investors are monitoring the results of European corporate reports for the third quarter — only a handful of companies from European exchanges will report on Tuesday, but announcements in the coming days could shift sentiment.
Corporate Earnings: Before Market Open (US, Europe, Asia)
- Ashtead Group (AHT, UK) — a major equipment rental company (FTSE 100). Will report Q2 results for the fiscal year 2026 (September-November) before the European market opens.
- Sberbank (MOEX: SBER) — leading Russian bank. Will disclose operational results under RAS for the first 11 months of 2025.
- Henderson — Russian clothing retail chain (managed by FORT Group). Will publish revenue data for November 2025.
- Ferguson (FERG, USA) — distributor of building materials (NYSE). Will report for Q1 of the fiscal year 2026 (ending October 31, 2025). The conference call is scheduled for 14:45 MST.
- AutoZone (AZO, USA) — large auto parts retailer (S&P 500). Will present results for Q1 of fiscal year 2026 (ending November 30, 2025) before market open. Analysts will evaluate sales dynamics in the US and Mexico.
- The Campbell’s Company (CPB, USA) — food manufacturer. Will report on Q1 of fiscal year 2026 (September-November) before NYSE opens. Investors are interested in revenue growth and margin performance after a decline the previous year.
Corporate Earnings: After Market Close (USA)
- GameStop Corp. (GME, USA) — video game retailer. Will report Q3 results for fiscal year 2025 (July-September) after market close. Investors expect continued revenue growth due to the launch of new gaming consoles and development in the NFT sector.
- Core & Main (CNM, USA) — supplier of materials for water and sewage systems. Will publish earnings report for Q2 2025 (April-June) after market closure. Analysts will evaluate demand stability for infrastructure and the impact of rising costs.
- Dave & Buster’s (PLAY, USA) — an entertainment restaurant chain. Will announce financial results for Q3 of fiscal year 2025 (October-December) after market close. Focus will be on same-store sales dynamics and expansion plans.
- Cracker Barrel Old Country Store (CBRL, USA) — themed restaurant and store chain. Will report for Q2 of fiscal year 2025 (August-October) after NYSE closes. Key attention will be on operational profit comparison to last year.
- Lands’ End (LE, USA) — retailer of clothing and home goods. Will present financial results for Q3 2025 (October-December) after market closure. Investors will watch for 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-chip companies on Tuesday. The dynamics of the index are influenced by news from the US and Asia, as well as the energy crisis and inflation. Investors are prioritizing quarterly reports from European industrial giants, starting this week.
- Nikkei 225 (Japan) — the earnings season continues for Q2 (April-September) for many companies. On Tuesday, reports from major industrial enterprises and auto component manufacturers, along with signals from the Bank of Japan concerning potential policy easing, are in focus. Volatility on the Tokyo Stock Exchange will be restrained due to local trading and external factors.
- MOEX (Russia) — the local market responds to macro news in the medium term: the ruble maintains a level of 76–77 per dollar amid moderate profits from oil exports. The report from Sberbank and dividend expectations for the year-end remain a point of interest. Among major companies, the key sectors are energy and metallurgy, with their earnings season set to begin later (January-February).
Day Summary: What Investors Should Focus On
- RBA Rate — the Reserve Bank of Australia's decision (expected to remain unchanged) sets the tone for the Australian dollar and commodity currencies. The risk of a new wave of tightening in November has already been priced in by markets; hence, should there be "no action" on key rates, the AUD may see a slight decline, offering weak support to commodity indices.
- Fed Monetary Policy — while the Fed's official decision will be tomorrow, investors are already evaluating interviews and public statements 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 yield dynamics of Treasuries and US tech stocks.
- Corporate Reports — the focus is on results from AutoZone (auto parts sales) and GameStop (video games), as well as Sberbank and other major firms. Strong indicators may shift investor attention from macroeconomics to specific sectors: tech and consumer stocks respond sharply to updates on revenue and profit.
- Oil and Commodities — consolidation around $66–68 for Brent crude creates risks for energy companies. It is essential to track weekly oil inventory data and any potential OPEC+ announcements regarding quota extensions. With record-low expectations for demand growth, oil prices remain stable, but a recovery in global demand could quickly alter the balance.
- Risk Management — the day is packed with events, creating volatility in markets. It is prudent for investors to define "corridors" for price movements of stocks and currencies in advance, use limit orders, and hedge key positions. They should pay close attention to announcements from large issuers and be prepared for abrupt market reactions to unexpected data.
