Comprehensive Review of Economic Events and Corporate Reports for Sunday, November 23, 2025. G20 Summit, Zoom Reports, and Key Companies in the US, Europe, Asia, and Russia.
On this Sunday, November 23, 2025, the global agenda takes the spotlight against a relatively calm macroeconomic backdrop. The second day of the G20 summit in South Africa draws investors' attention due to the absence of the United States and discussions on key global economic issues. No significant **economic events** are scheduled for today, making corporate reports from major companies the primary driver of news. At the heart of the corporate calendar is the financial performance of American companies (led by Zoom Video), while markets in Europe, Asia, and Russia look for external signals. Investors assess the blend of geopolitical outcomes and corporate releases in the context of preparing for a new trading week.
Macroeconomic Calendar (MSK)
- Throughout the Day – Johannesburg, South Africa: The second (and final) day of the G20 leaders' summit. Discussions on the global economy, climate policy, debt burden issues in developing countries, and other global challenges.
G20 Summit: Key Issues
- Final Declaration and Support Measures: Investors are awaiting the final communiqué from the G20 summit, which reflects the coordinated efforts of the largest economies. Decisions to alleviate the debt burden of the poorest countries or new development financing initiatives could enhance the attractiveness of emerging market assets.
- The Absence of the US at the Summit: For the first time in G20 history, the meeting takes place without the full participation of the United States, creating an unusual precedent. The dominance of other powers (China, EU, etc.) in discussions might shift the emphasis in the global agenda. Investors are assessing whether the absence of the US will diminish the effectiveness of agreements or, conversely, strengthen cooperation among the remaining participants.
- Climate and Energy: The agenda includes a transition to clean energy and climate investments. Should the G20 countries agree on increasing funding for "green" projects or limiting emissions, this could long-term impact raw material markets (oil, coal) and elevate interest in renewable energy companies' stocks.
Reporting: Before Market Opens (BMO, US)
- No Major Releases Expected: Prior to the start of the main trading day in the US, no significant corporate reports are anticipated. Markets will be influenced by the overall news backdrop – the outcomes from the G20 summit and the mood from the Asia-Europe session. As no macroeconomic data are published on November 23, the morning will proceed in anticipation of more active events on Monday.
Reporting: After Market Closes (AMC, US)
- Zoom Video Communications (ZM) – The leading video conferencing platform. Focus: growth rates of corporate users and revenue from subscription services amid market saturation post-pandemic. Investors expect updated management forecasts on demand dynamics for 2026 and profitability indicators, which will show whether Zoom can maintain margins while expanding services.
- Keysight Technologies (KEYS) – A manufacturer of electronic measurement equipment and software (S&P 500 company). Key metrics: order volume from the telecom and semiconductor sectors (including segments for 5G and aerospace), as well as margin dynamics. Keysight’s results will provide insights into the state of the investment cycle in high-tech manufacturing.
- Agilent Technologies (A) – A developer of laboratory and diagnostic equipment (S&P 500). Focus on revenue in biopharmaceutical services and analytical instruments: high growth rates signal robust demand from pharmaceuticals and research institutions. Investors will also look at the company’s guidance for next year and cost-optimization measures affecting profitability.
- Symbotic (SYM) – A provider of robotic warehouse automation systems (AI solutions for retail). Important metrics: expanding order portfolios from major retail chains (Symbotic already partners with Walmart, etc.), revenue growth, and progress in improving technology efficiency. Symbotic’s results will demonstrate the extent of AI robots’ 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 chip” companies on Sunday. The dynamics of Eurozone indices will depend on the external backdrop – investors are evaluating signals from the G20 and preparing for economic indicators to be released in the coming days. Focus will remain on EUR/GBP exchange rates and EU government bonds in the absence of domestic drivers on this day.
- Nikkei 225 (Japan): In Japan, the quarterly earnings season is nearing its end – most large companies have already disclosed their six-month results. With no fresh reports, attention shifts to the yen's exchange rate and commentary from Bank of Japan officials. Trading on the Tokyo Stock Exchange at the start of the week will be influenced by external risk appetite and the results from Friday's Wall Street session, as there are few domestic triggers on Sunday.
- MOEX (Russia): The Russian market continues to publish financial results for the third quarter. In the last weeks of November, a series of reports from Russian issuers – ranging from energy companies to retailers – are traditionally released. The peak of the nine-month corporate reporting season occurs at the end of November to 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).
Day's Summary: What Investors Should Pay Attention To
- G20 Summit: The final statements from G20 leaders and agreements reached (in the areas of climate, assistance to developing economies, market regulation) could set the tone for the global markets at the beginning of the new week. Special attention should be paid to potential reactions from the currencies of developing countries and raw material prices if initiatives affecting global financial flows are announced.
- US Tech Sector (Zoom and Others): Financial results from Zoom Video and comparable technology companies after market close could shift investors' focus from macroeconomic to external corporate factors. A strong quarter and positive outlook from Zoom and companies in the sector would support Nasdaq and growth stocks, while disappointments would heighten caution and could trigger profit-taking in heated segments of the IT market.
- Consumer Demand and Retail: The upcoming week includes Black Friday (November 28) and the following Cyber Monday – key sale days that will reveal real consumer activity in the US and Europe. Markets may start to price in expectations for holiday sales results: positive signals (increased online orders, store traffic) will support retail and e-commerce stocks, while weak consumer demand could raise concerns about the state of the economy.
- European and Asian Markets in the Absence of Drivers: With no new data on Sunday, it’s essential for investors to monitor sentiments in the futures markets and the Asian session on Monday morning. The lack of clear drivers may lead to modest fluctuations in indices, but any unexpected news (geopolitics, regulator statements) could trigger movement. Upcoming events of the week (e.g. US consumer confidence index 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 Holidays: A shortened session in the US is approaching due to Thanksgiving, which will reduce market liquidity in the latter half of the week. Investors should use this calm day to calibrate their portfolios: identify target levels for key positions and set reasonable stop-losses and limit orders. Low volatility does not exclude sudden price spikes on news – readiness for such surprises will help preserve profits and avoid unnecessary losses.
