Weekly Market Outlook
The release of high-priority pieces of economic data this week starts on Wednesday, when the UK is scheduled to report its Q1 GDP figure. Later in the day, Cisco Systems will publish its earnings report, so that investors will be carefully watching to assess how the company has been affected by the global economic turmoil. On Thursday and Friday, China is releasing its industrial production and retail sales numbers respectively. We close the week with Germany posting its gross domestic product data and the US giving account of its closely observed retail sales.