Global Economic Events and Corporate Reports for Sunday, January 11, 2026: US Inflation Expectations, Commencement of Earnings Season, Global Market Dynamics, and Key Indicators for Investors.
On Sunday, January 11, 2026, the global financial markets are expected to exhibit a relatively calm atmosphere. Key exchanges worldwide are closed for the weekend, prompting investor attention to focus on specific events. The day's highlight is the financial results publication of major Indian IT companies Tata Consultancy Services and HCL Technologies. Concurrently, market participants are already preparing for the significant economic events of the upcoming week, including the release of inflation data in the US (CPI), which adds a sense of anticipation to the day. Global stock indices such as the S&P 500 (USA), Euro Stoxx 50 (Europe), and Nikkei 225 (Japan) concluded the previous week with no clear trend, reflecting mixed investor sentiment at the start of the year. Similarly, the Russian Moex index exhibited no significant trends post-holiday, amid low market participant activity.
Market Sentiments
The start of the new week takes place under conditions of relative calm in the markets. The absence of significant statistical releases on the weekend promotes low volatility. Investors are assessing the outcomes of the first trading week of the year: in the US and Europe, the business activity index showed mixed results, while the latest US labor market data confirmed the resilience of economic growth. Against this backdrop, the American S&P 500 index showed almost no change by the end of the previous week, the Euro Stoxx 50 in Europe posted modest gains, while Japan's Nikkei 225 fluctuated around previously achieved levels. The Russian stock market has also undergone its first sessions of the year peacefully, with no substantial changes in the Moex index. In the absence of fresh trading drivers, activity on Monday may remain restrained, with global markets likely to look for external signals and upcoming events.
Macroeconomic Events
The economic calendar for Sunday reveals no significant macroeconomic statistics. However, several important reports and indicators ahead have the potential to influence investor sentiment in the coming days. The main event of the upcoming week will be the release of US inflation data – the Consumer Price Index (CPI) for December, set to be published on Tuesday. This indicator is critically important for assessing the Federal Reserve's future interest rate decisions. Overall, key events expected this week include:
- Tuesday, January 13: UK labor market report (employment and average earnings), release of the US December CPI.
- Wednesday, January 14: US Producer Price Index (PPI) data and retail sales report for December.
- Thursday, January 15: Australian labor market statistics (employment, unemployment rate) and the release of important macroeconomic indicators from China (trade balance and export-import figures).
- Friday, January 16: Release of China's GDP estimate for Q4 2025 and final consumer price index data for Germany for December.
The absence of data at the week's beginning provides investors time to reflect on the accumulated information. However, starting Tuesday, market attention will switch to inflation indicators; the results of the US CPI could set the tone for movements in equity, commodity, and currency markets. Furthermore, the combination of American inflation and statistics from China and Europe throughout the week will create a global backdrop that will shape the sentiment of market participants.
Corporate Reports in Asia
- Tata Consultancy Services (India): India's largest and one of the world's leading IT companies, TCS, will publish its third-quarter results for its 2026 financial year. Analysts forecast revenue growth of approximately 4% year-on-year—a more subdued pace compared to about 5.5% the previous year. This moderate growth reflects the impact of seasonal factors (fewer working days in December) and clients' cautious approach to new projects amid economic uncertainty in the US and Europe. Investors will closely monitor TCS management comments regarding the demand for IT services and developments in artificial intelligence projects, as the company traditionally sets the tone for the entire Indian IT sector.
- HCL Technologies (India): Another leader in India's 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 ongoing demand weakness from clients in the US and Europe. Analysts do not anticipate an increase in HCL's revenue forecasts, as management will likely maintain a cautious outlook amid external macroeconomic risks. The market will evaluate whether HCL has been able to improve its operating margin and which segments (such as cloud services or infrastructure) are showing the most growth.
- Yue Yuen Industrial (Hong Kong): One of the world's largest shoe manufacturers (contract partner of leading sports brands) will report its sales data for December 2025. This information will provide insights into the state of consumer demand in the global sports goods market at year-end. Previous months indicated a slowdown in sales amid global economic uncertainty, prompting investors to assess whether Yue Yuen closed the year on a positive note. The company's export sales dynamics also serve as an indicator of the condition of international supply chains and demand from the US and Europe.
- Other Companies: Besides those mentioned, several smaller companies will also publish quarterly reports in Asia. For instance, the Indian telecommunications and cloud services provider Sify Technologies will present its results for Q3, and financial company Anand Rathi Wealth will report its business performance in wealth management. While the scale of their operations is significantly smaller than giants like TCS and HCL, local investors may react to these reports, particularly if results markedly deviate from expectations. Overall, the Asian region begins the new week focusing on India's technology sector and China's industrial demand indicators, setting the initial information backdrop for Monday's trading.
Corporate Reports in the US
The American corporate calendar for January 11 is almost empty, as the majority of US companies do not publish reports over the weekend. No significant quarterly reports from issuers in the S&P 500 or Nasdaq indices are scheduled for this date. However, one smaller company will report:
- VOXX International (USA): A manufacturer of consumer electronics and auto components known for its automotive audio system and accessory brands. VOXX will present its financial results for the third quarter of its 2025 financial year. Although the company is not considered a "blue-chip," the dynamics of its sales and profits may indirectly indicate the state of demand for durable goods in the US. Investors are assessing whether VOXX has improved its performance amid high competition and the recent holiday season, which is significant for the electronics sector.
It is worth noting that, in the US, the new corporate earnings season will practically commence 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 reports from the financial sector will attract significant attention and could set an overall tone for the US stock market in the coming weeks. In addition to banks, reports from several technological and industrial companies are scheduled for the latter half of the week, meaning that the relatively calm pause over the weekend in the US is merely a lull before an influx of information that will hit the markets as the new week begins.
Corporate Reports in Europe and Russia
Neither Europe nor Russia has scheduled corporate reporting for Sunday, January 11 – this is standard practice, as major exchanges are closed. Traditionally, January is a period of preparing annual results for European businesses: most of the EU's major companies will begin their earnings season later, in the latter half of the month and in February. Nevertheless, investors in the region are monitoring the external backdrop: signals from American and Asian corporations will be particularly crucial, as they may influence sentiments at the start of the week.
Russian public companies similarly do not present financial reports in the early days of the new year. Typically, the publication of results for Q4 and the entire previous year in the Russian market happens much later—in late winter and early spring. Therefore, the local information backdrop is currently relatively calm. After the long New Year holidays, Russian investors are primarily focused on global factors and the situation in the 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 sentiment of global exchanges.
What Investors Should Pay Attention To
As Sunday is devoid of significant events, investors might use this pause to prepare for a week full of activities. The focus will be on the December inflation data from the US – an unexpected spike or, conversely, a slowdown in the CPI on Tuesday could meaningfully impact expectations surrounding interest rates and subsequently affect the dynamics of the dollar and stock indices. Additionally, the upcoming earnings season, particularly the results from the largest US banks and technology companies from Asia, will set the tone for stock markets globally. By mid-week, volatility may increase, making it essential to assess risks and prepare for potential fluctuations.
Overall, the calm start of January 11 serves as the "calm before the storm." Global indices (S&P 500, Euro Stoxx 50, Nikkei 225, and 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, regulatory decisions, and the first financial reports of the year will help form a clearer picture of economic trends and corporate profits in 2026. In conditions of uncertainty, the ability to swiftly respond to emerging information while maintaining a diversified and balanced investment portfolio will be crucial.
