Detailed Overview of Economic Events and Corporate Reports for Monday, November 17, 2025: Japan's GDP, Canada's CPI, U.S. Budget, Reports from XPeng, JinkoSolar, Trip.com, HP, and Other Companies.
On Monday, November 17, investors in the CIS region will have to closely monitor a busy agenda. The focus will be on significant macroeconomic publications from various countries, as well as financial results from several large companies around the globe. Below is a brief introduction to the crucial statistics of the day and the key business reports that may influence market sentiment. Special attention will be given to data from Japan, Canada, and the U.S., as well as reports from corporations ranging from Asian tech giants to American industrial firms. This will assist investors in assessing the condition of the global economy and specific sectors before the commencement of a new trading week.
Main Macro-Economic Events of the Day
Japan’s GDP for Q3 2025 (Preliminary Data) – Early on Monday (02:50 MSK), Japan's GDP estimate for the third quarter will be released. A slowdown in economic dynamics is anticipated: preliminary forecasts indicate a possible GDP decline (around -2.5% year-on-year) following robust growth in Q2. In Q2, Japan's economy unexpectedly accelerated (approximately +2.2% YoY annualized) due to resilient domestic consumption and export growth; however, by the end of summer, the effect of these factors may have waned. Preliminary statistics for Q3 will reveal how external demand reduction and inflationary pressure have impacted Japan’s GDP. The data may affect yen rates and Asian market dynamics early in the morning, setting the tone for the start of the week.
Canada's Consumer Price Index (CPI) for October 2025 – Inflation statistics in Canada will be published in the afternoon (16:30 MSK). Analysts expect a slight easing of inflationary pressure: the consensus forecast anticipates a slowdown in annual price growth to approximately 2.1% from 2.4% in September. A decline in gasoline prices in October (about -5% month-on-month) should offset the ongoing increase in food prices (approximately +3.8% YoY) and other goods. If actual data confirms a cooling off of inflation, it would indicate movement towards the Bank of Canada's target range (1-3%). Investors in the region will assess whether this slowdown is sufficient for the regulator to maintain a dovish stance after a recent cycle of rate cuts or if price pressures remain persistent. The CPI publication may affect the Canadian dollar’s exchange rate and expectations regarding further Bank of Canada policies.
U.S. Federal Budget for October 2025 – Later in the day (22:00 MSK), the U.S. Department of the Treasury will present its report on the federal budget for October—the first month of the new fiscal year 2026. Investors will pay close attention to the size of the budget deficit and the income/expenditures at the beginning of the year, especially after the deficit for the previous fiscal year 2025 reached approximately $1.8 trillion (around 5.9% of U.S. GDP). Traditionally, October experiences a budget shortfall in the U.S., and current data is expected to show significant expenditures exceeding revenues, especially since interest payments on debt and social program commitments remain high. According to the Congressional Budget Office (CBO), the deficit in October 2024 was $219 billion, and the market will compare new figures to last year's numbers. Signals about the state of public finances are crucial for investors: a growing deficit might intensify discussions around debt burden (U.S. national debt is already nearing 100% of GDP) and potentially impact government bond yields and the overall stability of economic policy. The budget publication late in the evening could set the direction for U.S. dollar rates and sentiment in the bond market.
Major Corporate Reports: November 17, 2025
On Monday, several significant publicly traded companies will present their financial results for the last quarter—both before and after the main trading day. The list includes representatives from various indices and sectors: from high-tech firms in Asia to industrial and financial companies in the U.S. and Europe. Below are the key reports scheduled by release time.
Reports Before Market Open
XPeng (XPEV) - The Chinese electric vehicle manufacturer will report its Q3 results before the U.S. trading begins. The company has already announced record deliveries of 116,007 electric vehicles for the quarter (+149% YoY), marking the fourth consecutive quarterly record. Investors are keen to see how this impressive sales growth has impacted XPeng’s financials, especially considering the pressure on industry margins. A management conference call is scheduled for 8:00 AM ET (16:00 MSK) on the same day. XPeng's results will provide insights into the dynamics of the Chinese EV market and whether the company can maintain high growth rates amid competition and costs associated with developing autonomous driving technologies.
ZEEKR (ZK) - Another representative of the Chinese automotive industry, the premium electric vehicle brand ZEEKR (part of the Geely group), will release financial results for Q3 on Monday morning. The publication is expected before the U.S. market opens. ZEEKR continues to ramp up production: in the third quarter, the company delivered around 140,000 electric vehicles, increasing sales by approximately 12.5% YoY. Investors from the CIS region will assess the company's results for the first time since its recent IPO. The market is anticipating revenue figures (forecast around $4.7 billion) and an expected EPS loss of about -$0.18 for the quarter. The ZEEKR report will help understand the situation in the premium electric vehicle segment in China and consumer sentiment within the country.
JinkoSolar (JKS) - The largest manufacturer of solar panels in China will present its quarterly report before the session begins. Analysts forecast a loss for Q3, reflecting the challenges in the industry: EPS expectations are around -$2.5, significantly worse than profits from the same period last year. In the previous reporting period, JinkoSolar disappointed the markets by missing the profit forecast, and now investors will be looking for signs of demand recovery for solar panels and improved margins. Amid price fluctuations for polysilicon and intense competition in the global renewable energy market, JinkoSolar's results will signal the health of the entire solar energy sector.
Full Truck Alliance (YMM) - The Chinese online freight transport service (known as "Uber for trucks") will report on Monday before market opening. A moderate quarterly result is expected: the consensus EPS forecast is around $0.13, slightly below last year’s level. Investors will be curious to know how the slowdown in economic growth in China has affected demand for freight and platform load for Full Truck Alliance. In previous quarters, the company consistently outperformed analyst expectations, so the market will be watching to see if it can maintain this trend. YMM's metrics will serve as a barometer for activity in China's logistics and e-commerce sectors.
H World Group (HTHT) - The largest Chinese hotel chain (formerly Huazhu Group) will publish its financial results early in the morning. The company, which owns hotel brands in China and abroad, finished Q3 amid a recovery in tourist activity. Analysts expect earnings of around $0.60 per share, slightly above last year's figure. If actual numbers align with forecasts, yearly earnings growth would be around +3-4%, reflecting gradual improvements in hotel occupancy post-pandemic. Investors will evaluate management's comments on domestic tourism in China and H World Group's international expansion to comprehend prospects for the hospitality sector in the region.
Aramark (ARMK) - The American corporation providing catering, food, and uniform services for companies will report its Q4 2025 financial results (ended September 30). The publication is expected before trading begins in New York. According to forecasts, Aramark will show significant earnings growth: consensus EPS is estimated at around $0.65, which is approximately 20% higher than last year's quarter. The company has exceeded analyst expectations in recent quarters amid recovery in the corporate services sector and rental of workwear. Investors will monitor business margins and insights on demand from enterprises, schools, and sports organizations—key clients of Aramark. Strong results could positively impact the company’s shares and set the tone for the business services sector.
Brady Corporation (BRC) - The manufacturer of identification and industrial labeling solutions will report Q1 2026 financial results before market opening. Brady operates in the U.S. and Europe, providing labels, safety signs, and labeling equipment for factories. Given industrial growth and the need for companies to implement safety management systems, stable results are anticipated: analysts forecast earnings in the range of $1.17–1.18 per share, comparable to last year’s levels. Investors will look for any changes in demand from the industry—an increase in Brady's orders may signal a rise in capital spending by businesses, while weak sales may indicate customer caution. The company typically conducts a conference call (scheduled for 18:30 MSK today), where it may share forecasts for upcoming quarters.
Freightos (CRGO) - The young international online freight booking platform (of Israeli origin) will report in the morning. Freightos is experiencing a downturn due to declining container shipping rates and overall volatility in global trade. The company’s losses are expected to persist (anticipated around -$0.08 per share) amid plummeting revenue. Last year, Freightos did not meet market expectations as demand for logistics IT services dwindled. The Q3 report will reveal if Freightos was able to increase transactions on its platform and reduce losses amid stabilizing global supply chains. Investors in logistics technology will be looking for signs of the company's path to profitability.
Arbe Robotics (ARBE) - The Israeli developer of radar systems for autonomous vehicles and robotics will publish Q3 results before the market opens. The startup nature of the business implies that the company is currently unprofitable, although revenue is growing as new contracts in the automotive industry are secured. A quarterly loss of around -$0.11 per share is expected, slightly better than last year's losses. Investors will assess the pace of Arbe’s partnerships with automotive manufacturers and progress in launching its advanced radar chip. Any positive news (such as an increase in orders from automakers or improved outlooks) could lead to heightened volatility in ARBE shares due to the small market capitalization and interest in the autonomous transport theme.
Codere Online (CDRO) - The subsidiary of the Spanish gaming operator, which conducts online betting and casinos, plans to release financial results before the U.S. markets open (a press release is scheduled before 08:30 ET). Codere Online is actively expanding in Spain and Latin America. The market expects to see growth in revenue from online betting and gaming, especially following the summer sports season. In the previous quarter, the company showed a moderate revenue increase (~+1% YoY) and improved EBITDA, and now it is crucial to determine whether the customer base and transactions in online casinos have grown. Investors from the CIS may be interested in the prospects of the online gambling business in mature European and developing Latin American markets, which are reflected in Codere Online's results.
Reports After Market Close
Gladstone Capital (GLAD) - The U.S. investment company (Business Development Company, BDC) will release its financial results after the New York trading session ends. Gladstone Capital invests in debt instruments of small and medium-sized enterprises and pays stable dividends (yield around 9%). The report for Q4 2025 will show how rising interest rates have impacted interest income and the quality of the loan portfolio. Analysts forecast earnings of around $0.51 per share. Investors will be looking for signs of resilience: a low borrower default rate and dividend coverage by earnings will be positive signals. GLAD results are of interest in the context of the entire BDC sector and high-yield bonds, as they reflect the state of small and medium enterprises in the U.S. amid costly financing.
XP Inc. (XP) - The largest Brazilian online broker and investment platform will report on Monday evening (in Brazil and the U.S., trading will already be closed). Q3 data is expected, where key metrics will be the growth of client assets and commission revenues. Amid high volatility in the Brazilian financial markets, XP may have attracted new investors seeking alternatives to traditional banking. The consensus earnings forecast is around $0.50–0.55 per share. Last week, XP Inc. delighted investors with news of record quarterly profits (for example, in Q2 2025, the company reported record net profits), which supported its shares. Now the market awaits confirmation of the positive trend. Strong results from XP could indicate growth in the financial sector of Latin America and increased interest in investments from the population.
LifeMD (LFMD) - The American telemedicine company with a small market cap will release its report after market closure. LifeMD provides online medical consultation services and prescription drugs via the internet. In recent quarters, the company has shown double-digit revenue growth, expanding its subscriber base for medical subscriptions. However, the business is still not profitable, and investors are awaiting a reduction in quarterly losses as the scale increases. The Q3 2025 report will reveal if LifeMD has moved closer to breakeven: metrics of profitability, average ticket size per client, and user retention rate will be important. The telemedicine sector is actively growing, so any news (such as new partnerships or slowing growth) could significantly impact LFMD's share prices.
HP Inc. (HPQ) - One of the world’s largest manufacturers of PCs and printers will report after the main trading session ends. HP presents its results for Q4 2025 (August-October) amid a challenging industry situation: demand for personal computers is unstable after the pandemic surge, and competition is intensifying. Analysts expect a year-on-year revenue decline, but investors will focus on margins and the management's forecast for the next year. Important discussion topics will include sales dynamics of business laptops, recovery in printer demand, and the impact of the cost-cutting program that HP is implementing to maintain profits. Last week, HPQ shares came under pressure following news of a reduction in holdings in the company by Berkshire Hathaway, but a strong quarterly report could restore investor confidence. A conference call featuring CEO Enrique Lores is scheduled after the report is published, where details on strategic initiatives and expectations for the 2026 fiscal year will be shared.
3V Systems (III) - Also reporting is the company 3V Systems (ticker III). (Note: Data on this company is limited.) Financial results are expected to be published on the evening of November 17. Judging by the ticker, the company is part of an international index and may represent the technology or investment sector. Investors will review 3V Systems’ report to understand the trend of its business. While this name is less well-known compared to other participants on the list, 3V Systems' results may be interesting in the context of the overall situation in the respective industry. In analyzing the report, attention will be given to key financial metrics and the management's forecast to assess the company's prospects.
Trip.com Group (TCOM) - The leading Chinese online travel booking agency (owner of the Trip.com, Ctrip, and Skyscanner platforms) will report shortly after U.S. trading ends (evening in New York, corresponding to the morning of November 18 in Shanghai). It is expected that Trip.com’s third quarter was successful due to an active tourist season: analysts anticipate earnings of around $1.0–1.1 per share. Domestic tourism in China continued to surge, while international travel is recovering following the lifting of COVID restrictions. Investors will be interested in how much revenue from hotel and flight bookings has increased and what the prospects are for the fourth quarter considering the “Golden Week” and holidays. In the previous quarter, Trip.com significantly exceeded forecasts, causing its shares to rise by nearly +15% the next day. If current results also surpass expectations and come with a positive outlook, it will affirm the strength of the online tourism industry and the purchasing power of Chinese consumers.
Gladstone Capital (GLAD) - Repeat (see above for expectations after market closure).
Danaos Corporation (DAC) - One of the world's leaders in container shipping will present financial results after trading. The Greek company Danaos owns a substantial fleet of container ships, leasing them long-term to ocean carriers. Thanks to high freight rates in recent years, Danaos has reported record profits, and although rates are normalizing, it is expected to deliver significant revenue and solid cash flow for Q3 2025 as well. The consensus earnings forecast is in the range of $7–7.5 per share, which will signify double-digit growth compared to last year. Investors will focus on updates regarding the company’s debt, capital distribution plans (dividends, share buybacks), and comments on demand for container shipping. As Danaos' conference call is scheduled for the morning of November 18, key details may only become known the following day, but the basic figures from the report will already allow for assessments of the global state of the maritime shipping industry.
In conclusion, Monday, November 17, 2025, promises to be rich in information for investors. Markets will digest data on Japan's economy in the morning, questioning whether a downturn has begun, then throughout the day, monitor inflation trends in Canada, and late in the evening, evaluate the state of the U.S. budget and its potential impact on financial conditions. Simultaneously, corporate reports from Asia to America will provide a snapshot of the state of affairs in key sectors: automotive and technology (XPeng, ZEEKR, Arbe), renewable energy (JinkoSolar), online services and tourism (Full Truck Alliance, Trip.com), as well as industry and finance (Aramark, HP, XP Inc, Gladstone). It is crucial for investors in the CIS region to pay attention to these events in order to promptly respond to potential market shifts. A comprehensive understanding of macroeconomic trends and corporate outcomes will assist in making informed decisions in forming investment strategies for the current week and beyond.
