Key Economic Events and Corporate Reports for Saturday, January 10, 2026. Overview of Global Markets, Macroeconomics, and Public Companies in the USA, Europe, Asia, and Russia. What Investors Should Pay Attention To.
Saturday, January 10 – traditionally a day off for global stock markets. Key indices in the USA, Europe, and Asia have shown positive momentum at the start of 2026: the S&P 500 rose approximately 1% during the first week, while investors await the upcoming earnings season and important macroeconomic data. Notably on this day, the quarterly report from Indian retail chain DMart (Avenue Supermarts) is set to be published. In other respects, markets are focusing on fundamental trends: the U.S. labor market situation, inflation dynamics in the global economy, and the prospects for monetary policy from central banks.
USA: Labor Market and Inflation
- In December, the USA is expected to generate around 60,000 jobs, with unemployment projected to decrease to 4.5%. These figures reflect a 'no hire, no fire' approach in the labor market and bolster confidence in the Federal Reserve pausing rate hikes.
- The growth in average hourly wages is slowing, which eases inflationary pressures. However, investors are closely monitoring the December CPI and core inflation due for release early next week, which will serve as crucial triggers for the dollar and yields.
- U.S. stock indices continue to reach new highs: the S&P 500 is at record highs. Market optimism is supported by corporate profit prospects and a more accommodative monetary policy. Nevertheless, a sharp rise in yields could trigger a correction in the tech sector and increase funding costs.
Asia: China and Japan
- China: According to partial survey data from S&P Global, the Services PMI in China fell to 52.0 in December (a six-month low). Weak domestic demand growth and a decline in export orders heighten the risks of deflation, increasing expectations for new stimulus from the People's Bank of China. This exerts pressure on global commodity prices and emerging markets.
- Japan: Real incomes in November fell by 2.8% year-on-year, marking the sharpest decline in a year. The decline is attributed to a steep reduction in one-time bonuses; nominal wage growth was only about 0.5%. Meanwhile, Japan's annual inflation stands at 3.3%, significantly outpacing income growth. This dynamic restrains consumer spending and compels the Bank of Japan to prepare for gradual policy tightening.
Europe: Germany and the Eurozone
- Germany: An unexpected 2.5% year-on-year decline in exports in November signals ongoing weakness in external demand. The drop results from reduced shipments to EU and U.S. markets. On the other hand, industrial production rose by 0.8% in November – marking the third consecutive monthly increase. This indicates the beginning of internal demand stabilization and possibly a softening of industrial decline.
- Market Impact: Positive industrial data from Germany supports shares in the industrial sector (DAX, Euro Stoxx 50) and the euro. However, disappointing statistics could reignite caution in European markets: investors may shift to bonds and gold, and expectations for easing by the ECB could intensify.
Corporate Reporting: DMart and the Banking Season
Saturday presents a rather modest corporate calendar, with India being the exception. Major U.S., European, and Russian companies are not releasing reports. The focus is on retailer DMart (Avenue Supermarts), which will announce its financial results for Q3 of the 2025/26 fiscal year (October–December).
- Avenue Supermarts (DMart, India): Analysts forecast that the retailer's revenue for Q3 2025/26 will increase approximately 13% year-on-year (to about ₹17,613 crore). Net profit is expected to show moderate growth; however, operating margins may decline due to rising logistics and trading costs. Investors will closely monitor the dynamics of same-store sales and management's commentary on pricing strategy and network expansion.
- U.S. Financial Sector: Next week marks the start of the Q4 earnings season – the largest banks in America (JP Morgan, Citigroup, Bank of America, Goldman Sachs, etc.) will release results from Tuesday to Thursday. These reports will provide insight into credit activity and consumer spending conditions in the economy.
Indices and Markets: S&P 500, Euro Stoxx 50, Nikkei 225, MOEX
- S&P 500 (USA): has confidently started the year and is at historical highs. Considering the anticipated growth in corporate profits and support from loose monetary policy, investors remain bullish. Key factors are fundamental data: releases on U.S. inflation and bank results.
- Euro Stoxx 50 (Eurozone): is influenced by the macro calendar. Improved industrial performance in Germany bolsters investor confidence, but export slowdowns create uncertainty. The Eurozone is sensitive to currency dynamics (EUR/USD exchange rate) and ECB decisions; any negative external conditions may lead to a correction in European markets.
- Nikkei 225 (Japan): continues to rise amid optimism surrounding economic recovery and a strengthening yen. However, fundamentally, the market is constrained by weak real income growth and a cautious policy from the Bank of Japan. Reports from Japanese companies, starting this week (e.g., Yaskawa Electric), will set the tone for the local market.
- MOEX (Russia): is oriented towards external factors – primarily oil prices and geopolitical risks. The ruble remains stable at around ~100 rub/$, while oil stays above $60/barrel. In the coming days, investors will monitor the dynamics of budgetary oil revenues (expected to hit a minimum level in January for the last three years) and the actions of the Central Bank in response to external shocks.
Day Summary: What Investors Should Pay Attention To
- U.S. Labor Market: A key trigger will be the employment and unemployment data. Their release will determine yield and dollar dynamics. A reduced job growth figure will support a dovish Fed scenario, while an acceleration in hiring and wages may exert hawkish pressure on assets.
- China and Commodity Markets: Weakened domestic demand activity in China threatens commodity price growth. Investors should watch for stimulus signals that authorities may announce soon, as well as the influence of Chinese statistics on emerging markets.
- Europe: The index of industrial production in Germany will either confirm or refute hopes for growth in the Eurozone. Strong data will support EUR/USD and bolster Euro Stoxx 50 stocks, while weak results will intensify expectations for ECB easing and boost eurobonds.
- Corporate Reports: The release of DMart's results will provide insight into consumer demand in emerging markets. Following that, U.S. bank reports will depend on assessments of asset quality and the credit cycle. Reflecting these trends in company financials will help adjust portfolios.
- Risk Management: In light of significant macro data releases and an intensive reporting schedule, an increase in volatility is expected. It's advisable to pre-determine risk levels, diversify portfolios, and use hedging tools (currency and interest rate derivatives) to protect savings.
