Analytical Overview of Economic Events and Corporate Reports for Saturday, December 6, 2025: US Inflation Slowdown, Rate Cut in India, and Diplomatic Negotiations Outcomes
The first Saturday of December 2025 brings a relative calm to global markets for investors following a week filled with significant events. Stock exchanges around the world are closed for the weekend, allowing market participants to assess the impact of recent macroeconomic data and corporate news. Key topics of the day include fresh signals of inflation slowdown and changes in monetary policy (notable figures from the US and an unexpected decision in India), as well as the outcomes of important high-level diplomatic engagements. In this context, investors from Russia and the CIS countries focus on external factors and global indicators, particularly since there are virtually no new corporate earnings publications scheduled for Saturday itself.
For global stock markets—from Wall Street to European bourses and Asian trading venues (indices such as S&P 500, DAX, FTSE 100, Nikkei 225), as well as Russia's MOEX index—the concluding week has proven favorable. American indices have continued their rally amid hopes for an imminent easing of the Federal Reserve's monetary policy following a series of manageable inflation data. In Europe, an unexpected improvement in the GDP estimate for the Eurozone in the third quarter helped bolster market sentiment in Germany and the UK. In Asia, major markets traded without sharp movements, driven by external signals in the absence of local catalysts. The Russian MOEX index initially faced pressure due to the significant strengthening of the ruble and rising domestic inflation; however, by the end of the week, it rebounded and surpassed the 2,700-point mark under news of potential de-escalation of the geopolitical situation.
Macroeconomics and Interest Rates: Inflation Slowdown and Policy Easing
Investors are focused on the latest inflation data and central bank decisions. In the US, the PCE (Personal Consumption Expenditures) price index for October was released, a key inflation measure for the Fed. It confirmed a slowdown in price growth: the core PCE approached approximately 2.8–2.9% year-on-year, the lowest level in several years. This slowdown in US inflation intensifies expectations that the Federal Reserve will soon begin lowering interest rates. Futures markets are already pricing in a high probability of a first rate cut at the upcoming Fed meeting in December.
In the Eurozone, the final GDP reading for the third quarter was slightly better than expected (+0.3% quarter-on-quarter and +1.4% year-on-year), which alleviated recession concerns somewhat. However, inflation in the region remains above the ECB's target level, and the market expects the regulator to pause interest rate hikes while awaiting further data.
An unexpected development this week was the Reserve Bank of India's decision to lower its 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 marks the first easing of monetary policy in India for quite some time, enabled by a slowdown in the country's inflation. Concurrently, the Indian regulator upgraded its economic growth forecast and lowered its inflation prediction for the 2026 financial year to around 2%. The RBI's decision reflects a broader global trend: as price pressures diminish, central banks in developing countries are beginning to lower rates to support their economies.
Geopolitics: Peace Talks and Strengthening Partnerships
The geopolitical agenda continues to have a pronounced influence on investor sentiment. Last week witnessed significant diplomatic meetings. Russian President Vladimir Putin concluded his state visit to India (December 4–5), during which Moscow and Delhi reaffirmed their commitment to deepening trade and economic cooperation. The leaders agreed to expand transactions in national currencies and to develop joint projects in energy, infrastructure, and defense. The outcomes of this visit signal the strengthening of a strategic partnership between two major developing economies, which could open new business opportunities for both countries in the long run.
Simultaneously, steps were taken to reduce international tensions. Early in the week, extended negotiations took place in Moscow between US Special Presidential Envoy Steve Whitcroft and Vladimir Putin (with the participation of Jared Kushner). The meeting focused on discussions regarding ways to resolve the conflict in Ukraine. Although no concrete breakthroughs were announced, the mere fact of direct dialogue between high-ranking representatives of the US and Russia fosters cautious optimism in the markets. Any signs of potential progress in peace negotiations are perceived positively by investors.
Attention was also drawn to the visit of French President Emmanuel Macron to China this week. The talks in Beijing on December 4–5 aimed at expanding business ties (in the aerospace, energy, and other sectors). Investors view the enhanced EU-China dialogue positively, despite ongoing strategic disagreements among the leading powers.
US Corporate Reports
The American corporate calendar is almost empty for the weekend: no new financial reports are scheduled for Saturday, December 6. This is expected, as large public companies from the S&P 500 primarily announce quarterly results during the weekdays. The primary reporting season for the third quarter in the US has already concluded, so there are no regular earnings releases from leading companies on Saturday.
European Corporate Reports
European stock markets are also not expecting new corporate publications for Saturday. Most leading issuers in the region (including companies from the pan-European Euro Stoxx 50 index, as well as those in the DAX and FTSE 100 indices) have already disclosed their results earlier, releasing financial statements only during weekdays. Therefore, the corporate news backdrop in Europe will be neutral on December 6.
Asian Corporate Reports
The Asia-Pacific region also has a lack of corporate events on Saturday. In the largest economies of Asia, the quarterly reporting season for July–September has nearly concluded, and no new financial results from corporations are expected on December 6. Regional market participants are diverting their attention to external factors—exchange rates, commodity prices, geopolitical news—due to the absence of local catalysts.
Russian Corporate Reports
No new reports from major public companies are anticipated on the Russian stock market this Saturday. The main wave of financial disclosures for the first nine months of 2025 concluded back in November, and companies traditionally do not release their reports on weekends. Thus, December 6 will not see any corporate surprises on the Moscow Exchange, and investors will primarily rely on external signals (the oil market situation, ruble exchange rate, global news).
What Investors Should Pay Attention To
- Monetary Policy of Major Central Banks: Markets are monitoring signals from the US Fed and ECB amid new inflation data. The slowdown in price growth enhances expectations of an imminent rate decrease, so any comments from regulators can significantly influence global sentiment.
- Consumer Demand and Retail Sales: Attention is centered on the outcomes of the holiday sales season. Initial estimates 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 stocks of retail sector companies and e-commerce tech firms. Conversely, weak consumer activity dynamics will cause investors to be cautious in assessing corporate profit prospects.
- Geopolitical Events: Investors continue to monitor negotiations regarding Ukraine and international visits by leaders. Any progress towards resolving conflicts or new agreements between powers could reduce geopolitical premiums in markets, whereas an escalation of rhetoric would have the opposite effect.
- Inflation and Policy in Russia: In the coming days, inflation data for November in Russia is expected; the acceleration in price growth (0.5% for the week of November 26 - December 2) raises the likelihood of a new interest rate increase by the Bank of Russia on December 20. Expectations for the key rate and the rhetoric from the Central Bank will impact the bond market, banking sector, and ruble exchange rate.
