Economic Events and Corporate Report Analysis for Saturday, December 6, 2025: US Inflation Slowdown, Interest Rate Cuts in India, and Diplomatic Negotiation Outcomes
The first Saturday of December 2025 brings a relative calm to global markets after a week filled with significant events. Stock exchanges worldwide are closed for the weekend, allowing market participants to assess the implications of recent macroeconomic data and corporate news. The day’s key topics revolve around fresh signals of inflation slowdown and changes in monetary policy (crucial indicators from the US and an unexpected decision out of India), as well as the outcomes of important high-level diplomatic contacts. In this context, investors from Russia and the CIS countries are focusing on external factors and global indicators, particularly given that there are virtually no new releases of corporate reporting on the Saturday itself.
For global equity markets, from Wall Street to European exchanges and Asian platforms (indices such as S&P 500, DAX, FTSE 100, Nikkei 225), as well as the Russian MOEX index, the week that has just concluded has been favorable. American indices continued their rally on hopes of an impending easing of monetary policy by the Federal Reserve, following a series of moderate inflation data. In Europe, an unexpected improvement in third-quarter GDP estimates for the Eurozone boosted sentiment in German and UK markets. In Asia, major markets traded without significant movements, orienting themselves towards external signals in the absence of local drivers. The Russian MOEX index initially faced pressure from a notable strengthening of the ruble and rising domestic inflation; however, by the end of the week, it regained losses, surpassing the 2700-point level amid news of a potential de-escalation of the geopolitical situation.
Macroeconomics and Rates: Inflation Slowdown and Policy Easing
The latest inflation data and central bank decisions are in the spotlight for investors. In the US, the PCE price index (personal consumption expenditures) for October was released, a key inflation indicator for the Federal Reserve. It confirmed a slowdown in price growth: the core PCE approached an annual rate of around 2.8–2.9%, the lowest level in several years. The deceleration of inflation in the US enhances expectations that the Federal Reserve may soon move toward lowering interest rates. Futures are already pricing in a high likelihood of the first rate cut at the upcoming Fed meeting in December.
In the Eurozone, the final GDP estimate for the third quarter was slightly better than expected (+0.3% quarter-on-quarter and +1.4% year-on-year), which somewhat alleviated recession fears. However, inflation in the region still exceeds the European Central Bank’s target level, leading the market to anticipate that the regulator will pause its rate hikes and await further data.
A surprising announcement of the week was the Reserve Bank of India’s decision to lower the key interest rate. At its meeting on December 5, the RBI cut the repo rate by 25 basis points to 5.25% per annum. This is the first easing of monetary policy in India in a long time, made possible by the slowing inflation in the country. Simultaneously, the Indian regulator improved its economic growth forecast and lowered its inflation forecast for the fiscal year 2026 to approximately 2%. The RBI's decision reflects a broader global trend: as price pressures subside, central banks in developing countries are beginning to shift towards rate cuts to support their economies.
Geopolitics: Peace Talks and Strengthening Partnerships
The geopolitical agenda continues to significantly influence investor sentiment. During the past week, important diplomatic meetings took place. Russian President Vladimir Putin concluded a state visit to India (December 4-5), during which Moscow and Delhi reaffirmed their commitment to deepening trade and economic cooperation. The leaders of the two countries agreed to expand transactions in national currencies and develop joint projects in energy, infrastructure, and defense. The outcomes of this visit indicate the strengthening of a strategic partnership between two major developing economies, which could open up new opportunities for businesses in both nations in the long term.
Concurrently, steps were taken to reduce international tensions. Earlier in the week, lengthy negotiations took place in Moscow between US Special Representative Steve Witkoff and Vladimir Putin (with the participation of Jared Kushner). The meeting focused on discussions surrounding the resolution of the conflict in Ukraine. While no specific breakthroughs were announced, the mere fact of direct dialogue between high-ranking representatives from the US and Russia instills cautious optimism in the markets. Any signs of possible progress in peace negotiations are viewed positively by investors.
This week also saw market attention drawn to French President Emmanuel Macron’s visit to China. The talks in Beijing on December 4-5 aimed at expanding business ties (in aerospace, energy, and other sectors). Investors perceive the strengthening of EU-China dialogue positively, even though strategic disagreements between the leading powers persist.
US Corporate Reports
The American corporate calendar for the weekend is virtually empty, with no new financial reports scheduled for Saturday, December 6. This is expected, as large publicly traded companies in the S&P 500 typically release quarterly results primarily on weekdays. The primary earnings season for the third quarter in the US has already concluded, hence there are no regular profit releases from leading companies on this Saturday.
European Corporate Reports
European stock markets are also not anticipating new corporate publications on Saturday. Most leading issuers in the region (including companies from the Euro Stoxx 50 index, as well as those within the DAX and FTSE 100 indices) already disclosed their results earlier, only publishing financial reports on weekdays. Thus, the corporate news background in Europe on December 6 will be neutral.
Asian Corporate Reports
The Asia-Pacific region is also lacking corporate events on Saturday. The quarterly earnings season for July-September is nearly completed in the largest Asian economies, and no new financial results are expected to be released by corporations on December 6. Regional market participants are shifting their focus to external factors: currency exchange rates, commodity prices, and geopolitical news due to the lack of local drivers.
Russian Corporate Reports
No new reports from major public companies are expected in the Russian stock market on Saturday. The main wave of results publication for the first nine months of 2025 concluded back in November, and companies traditionally do not disclose their reports on weekends. Therefore, no corporate surprises are anticipated on the MOEX on December 6, with investors primarily focusing on external signals (the oil market situation, ruble exchange rates, global news).
What Investors Should Focus On
- Monetary Policy of Leading Central Banks: Markets are closely watching signals from the US Federal Reserve and the ECB against the backdrop of new inflation data. The slowdown in price growth reinforces expectations of imminent rate cuts, making any comments from regulators significantly impactful on global sentiment.
- Consumer Demand and Retail Sales: Attention is fixed on the outcomes of the holiday sales season. Initial assessments of "Black Friday" and "Cyber Monday" showed record online sales (5-7% higher than last year). If the trend of high consumer demand continues in December, it will support shares of retail and e-commerce technology companies. Conversely, weak consumer activity trends will raise caution among investors about corporate profit outlooks.
- Geopolitical Events: Investors continue to monitor negotiations surrounding Ukraine and international visits by leaders. Any advancement towards conflict resolution or new agreements between powers could reduce the geopolitical risk premium in markets, while heightened rhetoric could have the opposite effect.
- Inflation and Policy in Russia: In the coming days, inflation data for November in Russia is expected to be published; an acceleration in price growth (0.5% for the week of November 26 to December 2) raises the likelihood of another interest rate hike by the Bank of Russia on December 20. Expectations regarding the key rate and the rhetoric of the Central Bank will impact the bond market, the banking sector, and the ruble exchange rate.
