Weekly Market Outlook
This week in turn has interesting developments to offer. The list starts with Canada’s retail sales on Tuesday. On the next day, the Q4 results of Microsoft are due. Analysts expect to see a revenue boost despite the global coronavirus-induced slump. Also, on Wednesday, Tesla`s Q2 earnings report is keenly awaited by investors. Thursday comes with Twitter results for the second quarter, which are not likely to impress, due to impediments impacting the company. On Friday, Germany, France and the UK PMIs are due, and forecasts favor numbers to indicate further recovery. The UK retail sales are also in the focus in the last business day of the week. We are likely to see a rebound here too, provided the fact that measures are eased, and retail shops have been reverting to normal business.