Economic Events and Company Reports – Wednesday, August 6, 2025: India’s Central Bank Rate and Inflation in Russia

Wednesday, August 6, is set to be a busy day for financial markets. Key focus for investors will be the Reserve Bank of India's decision on the key interest rate and the latest consumer inflation data from Russia. These events could influence monetary policy expectations and currency rates in the respective regions. Additionally, a range of important macroeconomic indicators will be released (industrial orders in Germany, PMI business activity in Canada, oil inventory statistics in the U.S.), reflecting economic conditions in various parts of the world. Finally, the ongoing corporate earnings season continues in the U.S., Europe, Asia, and Russia, with results from some of the largest publicly traded companies included in the S&P 500, Euro Stoxx 50, Nikkei 225, and the Moscow Exchange index, providing insights into the current state of the corporate sector.

Reserve Bank of India's Rate Decision

07:30 (MSK) – The Reserve Bank of India will announce its decision on the key interest rate. Expectations lean towards maintaining the rate at its current level, but the regulator's comments will be carefully analyzed. Investors are keen to ascertain the RBI's assessment of inflation and economic growth: signals regarding future policy directions will impact the Indian rupee's dynamics and sentiment in Asian emerging markets.

Industrial Orders in Germany

09:00 (MSK) – Data on industrial orders in Germany for June will be released. This indicator reflects demand for manufacturing goods in the European Union's largest economy. Trends in German industrial orders provide insights into the state of Europe's industrial sector: an increase in orders would bolster optimism regarding the EU economy, while a decline could heighten recession fears and influence the euro's exchange rate.

Bank of Russia Meeting Minutes

16:00 (MSK) – The Bank of Russia will publish the minutes from its last key rate meeting. The document will reveal details of the discussions among the central bank's leadership and the tone of their views regarding the economic situation. Investors will pay particular attention to signals about the regulator's future actions, especially given the recent rate change. The market will assess the Bank of Russia's level of concern regarding inflation and the stability of the ruble, which may influence future decision-making expectations.

Business Activity in Canada (PMI)

16:45 (MSK) – The S&P Global indices for business activity in the services sector and the composite PMI for Canada for July will be published. Although this data is relatively delayed, it will provide additional insight into the Canadian economy, particularly in the services sector. Investors will compare these figures with similar PMIs from other countries to gauge the resilience of demand in the North American service sector and its potential impact on the Bank of Canada's monetary policy.

U.S. Oil Inventories (EIA Report)

17:30 (MSK) – The U.S. Department of Energy will release its weekly report from the Energy Information Administration (EIA) on commercial oil and petroleum product inventories. This indicator is closely monitored by commodity market traders. A significant reduction in inventories could drive oil prices up due to signals of high demand or constrained supply, while an increase in inventories often leads to price declines. Fluctuations in oil prices, in turn, could impact energy company stocks and currencies of oil-dependent nations.

July Inflation in Russia (CPI)

19:00 (MSK) – Data on the consumer price index (CPI) in Russia for July will be released. This key inflation indicator will show whether the growth in prices in the Russian economy has accelerated or slowed in mid-summer. The inflation trend affects market participants' expectations regarding further actions from the Central Bank: ongoing inflation acceleration may increase the likelihood of a rate hike, while signs of a slowdown in price growth would support a scenario of maintaining or even lowering the key rate. Additionally, inflation data could impact the ruble's exchange rate and sentiment in the domestic bond market.

Company Reports Before Market Open

• Novo Nordisk. The Danish pharmaceutical giant will release quarterly results amidst strong demand for its diabetes and obesity treatment medications.
• McDonald's. The world's largest fast-food chain will report sales reflecting changes in consumer behavior and demand for fast food.
• Shopify. The Canadian e-commerce platform will present growth figures in online retail, showcasing trends in internet retail sales.
• Sony Group. The Japanese technology and media conglomerate will publish results that reflect the state of its electronics, video game, and entertainment content segments.
• Honda Motor. One of Japan's leading automakers will report on global car sales and production, providing insights into global automotive demand.

Company Reports After Market Close

• Walt Disney. The American media giant will disclose quarterly financial results, with investors focusing on revenue and profits in its theme parks, film distribution, and streaming segments (including subscriber growth dynamics for online services).
• Uber Technologies. The world's largest ride-hailing and food delivery service will publish a report assessing whether high demand for rides and delivery persists in the post-pandemic period.
• Airbnb. The popular short-term rental platform will report its performance amid the active summer travel season – this will indicate how much travel and rental demand has grown.
• DoorDash. The leading ready-meal delivery service in the U.S. will present quarterly results reflecting trends in consumer behavior regarding online food orders to homes.
• AppLovin. The developer and publisher of mobile applications will report financial results, showcasing the state of its advertising business and mobile gaming segment within its ecosystem.
• Lyft. Uber's main competitor in the ride-sharing market will also provide quarterly reports, offering additional insights into trends in passenger transport industries.

Reports from Russian Companies

• OGK-2. A major Russian energy generation company (part of the Gazprom group) is expected to reveal its financial results for the first half of 2025 according to international financial reporting standards (IFRS) on August 6. Investors will assess OGK-2's results as an indicator of the state of the electricity sector in Russia.

What Investors Should Pay Attention To

Wednesday will be one of the key days of this week, providing a wealth of information for analysis. In the morning, market attention will be split across several regions: strong reports from companies like Novo Nordisk could uplift the entire pharmaceutical sector, while McDonald's results will serve as a barometer of consumer activity in the food service sector. The day's macroeconomic news is generally moderate, but the publication of the Bank of Russia minutes and the Reserve Bank of India's rate decision will be of particular interest to investors focused on emerging markets. By the evening, the information flow will significantly intensify: financial reports from Disney and various tech companies in the service sector will largely determine sentiment on Wall Street. For example, if Disney reports a substantial increase in subscribers to its streaming services and revenue growth, it would bolster confidence in the recovery of consumer spending, while results from Uber and Airbnb will indicate whether strong demand for travel and entertainment persists. Thus, by the end of August 6, investors will be equipped with a broad spectrum of data—from central bank decisions to corporate results—enabling them to adjust forecasts and strategies across key markets.