Global Economic Events and Corporate Reports for Sunday, January 11, 2026: U.S. Inflation Expectations, the Start of Earnings Season, Global Market Trends, and Key Investor Benchmarks
On Sunday, January 11, 2026, global financial markets are expected to experience a relatively calm environment. Major exchanges around the world are closed for the weekend, which shifts investor focus to individual events. The spotlight is on the financial results of leading Indian IT companies Tata Consultancy Services and HCL Technologies. Simultaneously, market participants are preparing for significant upcoming economic events in the week ahead, including the U.S. inflation data (CPI), lending an air of anticipation to the day. Global stock indices such as the S&P 500 (U.S.), Euro Stoxx 50 (Europe), and Nikkei 225 (Japan) concluded the previous week without significant movement, reflecting mixed investor sentiment at the start of the year. The Russian stock index, MOEX, also showed no pronounced trend following the New Year holidays amid low market participant activity.
Global Market Sentiment
The new week begins with relative calm in the markets. The absence of important statistical announcements on Sunday contributes to low volatility. Investors assess the outcomes of the first trading week of the year: in the U.S. and Europe, the business activity index showed mixed results, while the latest data on the U.S. labor market confirmed economic growth resilience. Against this backdrop, the U.S. S&P 500 index changed little by the end of last week, the Euro Stoxx 50 in Europe experienced limited gains, and the Japanese Nikkei 225 fluctuated around previously achieved levels. The Russian stock market has also seen calm trading sessions without significant changes to the MOEX index. In the absence of fresh trading drivers, Monday could see subdued activity, with global markets oriented toward external signals and upcoming events.
Macroeconomic Events
The economic calendar for Sunday features no significant macroeconomic publications. Nevertheless, several important reports and indicators ahead could impact investor sentiment in the coming days. The main event of the upcoming week will be the release of inflation data in the U.S. – the Consumer Price Index (CPI) for December, scheduled for publication on Tuesday. This indicator is crucial for assessing the Fed's future interest rate decisions. Key events anticipated throughout the week include:
- Tuesday, January 13: UK labor market report (employment and average earnings), release of U.S. CPI data for December.
- Wednesday, January 14: U.S. Producer Price Index (PPI) data and U.S. retail sales report for December.
- Thursday, January 15: Australian labor market statistics (employment, unemployment rate) and crucial macroeconomic indicators from China (trade balance and import-export figures).
- Friday, January 16: Release of China's GDP estimate for Q4 2025 and final CPI data for Germany for December.
The absence of data at the start of the week provides investors with time to reassess accumulated information. However, from Tuesday onwards, market focus will shift to inflation indicators: the CPI results in the U.S. may set the tone for movements in equities, commodities, and currency markets. Additionally, the combination of American inflation data and statistics from China and Europe throughout the week will establish a global backdrop that will impact traders' sentiment.
Corporate Reports in Asia
- Tata Consultancy Services (India): India’s largest IT company and a leading global player, TCS, will release its results for the third quarter of its 2026 fiscal year. Analysts forecast revenue growth of approximately 4% year-on-year – a more restrained pace compared to about 5.5% the previous year. This moderate growth reflects seasonal factors (fewer working days in December) and clients’ cautious attitudes towards new projects amid economic uncertainty in the U.S. and Europe. Investors will closely watch TCS management's comments regarding demand for IT services and the development of projects in artificial intelligence, as the company traditionally sets the tone for the entire Indian IT sector.
- HCL Technologies (India): Another leader in the Indian IT sector, HCL Tech, will report its financial results for the same period. Moderate revenue growth (around 4-5% year-on-year) is expected, comparable to the previous quarter. Like other Indian software giants, the company faces persistent demand weakness from clients in the U.S. and Europe. Analysts do not anticipate HCL to raise its annual revenue forecast – management is likely to maintain a cautious outlook amid external macroeconomic risks. The market will assess whether HCL has managed to improve operating margins and which segments (e.g., cloud services or infrastructure) are showing the most growth.
- Yue Yuen Industrial (Hong Kong): One of the world's largest footwear manufacturers (a contractor for leading sports brands) will release its sales figures for December 2025. These numbers will provide insights into consumer demand trends in the global sports goods market at year-end. Previous months have shown some slowdown in sales amid global economic uncertainty, so investors will evaluate whether Yue Yuen finished the year on a positive note. The dynamics of the company's export sales also serve as indicators of the state of international supply chains and demand from the U.S. and Europe.
- Other Companies: In addition to those mentioned, several smaller companies in Asia will publish their quarterly reports. For instance, Indian telecommunications and cloud service provider Sify Technologies will present results for Q3, while financial services company Anand Rathi Wealth will report on its capital management business metrics. Although their scale is significantly smaller than giants like TCS and HCL, local investors may react to these reports, especially if results deviate significantly from expectations. Overall, the Asian region begins the new week with a focus on India’s tech sector and industrial demand indicators from China, setting the initial informational backdrop for trading on Monday.
Corporate Reports in the U.S.
The U.S. corporate calendar for January 11 is virtually empty, as the majority of U.S. companies do not publish earnings reports on weekends. No significant quarterly reports from S&P 500 or Nasdaq constituents are scheduled for this date. However, one smaller company will report:
- VOXX International (U.S.): A manufacturer of consumer electronics and automotive components, known for its automotive audio systems and accessories. VOXX will present its financial results for Q3 of its 2025 fiscal year. Although the company is not a “blue-chip” player, its sales and profit trends may provide indirect insights into the state of durable goods demand in the U.S. Investors will assess whether VOXX improved its metrics amid high competition and the significant holiday sales season for the electronics sector.
It is worth noting that in the U.S., the new corporate earnings season will effectively kick off in a couple of days: on Tuesday, January 13, several major American banks, including JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup, will begin publishing results for Q4 2025. These financial sector reports will attract significant attention and could set the overall tone for the U.S. equity market in the coming weeks. Besides banks, reports from several tech and industrial companies are scheduled for the latter half of the week, making the relatively quiet weekend pause in the U.S. merely a calm before the information storm that will hit markets at the start of the new week.
Corporate Reports in Europe and Russia
There are no scheduled corporate reporting publications in either Europe or Russia for Sunday, January 11 – a standard practice given that major exchanges are closed. For European businesses, January traditionally serves as a preparatory period for annual results: most large EU companies will kick off their earnings season later in the month or in February. However, investors in the region are monitoring external factors: particularly important will be signals from American and Asian corporations, as they may influence sentiment at the start of the week.
Russian public companies also do not present financial reporting in the early days of the new year. Typically, Q4 and full year results in the Russian market are published significantly later – in late winter and early spring. Thus, the local information backdrop is relatively calm right now. Following a long New Year holiday, Russian investors will primarily focus on global factors and the situation in commodity markets. In the absence of internal corporate events, the dynamics of the Russian market at the start of the week will depend on external news and the overall mood of global exchanges.
What to Watch for Investors
As Sunday is devoid of significant events, investors should utilize this breather to prepare for an eventful week ahead. The focus will be on U.S. inflation data for December – an unexpected jump or, conversely, a slowdown in CPI on Tuesday could significantly affect interest rate expectations and, consequently, the movement of the dollar and stock indices. Additionally, the upcoming earnings season, especially the results from major U.S. banks and technology companies in Asia, will set the tone for equity markets worldwide. By midweek, volatility may increase, so it is crucial to assess risks and prepare for potential fluctuations.
Overall, the calm start to January 11 is the “calm before the storm.” Global indices (S&P 500, Euro Stoxx 50, Nikkei 225, as well as the Russian MOEX index) will soon receive new impulses for movement. Investors in the CIS markets are advised to closely monitor the international agenda: inflation data, regulator decisions, and the first earnings reports of the year will help shape clearer perspectives on economic directions and corporate profits in 2026. In the face of uncertainty, the ability to respond swiftly to incoming information while maintaining a diversified and balanced investment portfolio will be key.
