Weekly Market Outlook July 5, 2015
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – The referendum in Greece will, without doubt, demand attention at the start of the week. The bluff of the Greeks is slowly coming to an end. What remains is the harsh economic reality.
Investors were not impressed by the Macroeconomic data from the U.S. It is clear that the strong dollar has its impact, but the damage is not too bad so far. Our indicators show again a slight deterioration, which makes the upcoming trading week extra exciting.
Fortunately, we can focus next week on the company’s figures now the earnings season is starting. In addition, we gain insight into the thinking of various central bankers.
This material is communicated on July 5, 2015 by Thirteen Asset Management AG, Rietbrunnen 20, 8808 Pfäffikon SZ, Switzerland. This material is for information purposes only and is not intended to be a solicitation or invitation to invest. Any organizations or products described in this material are mentioned for reference purposes only. This material is intended only for investment professionals and professional clients and must not be relied upon by any other person. It is proprietary information of Thirteen Asset Management AG and may not be reproduced or otherwise disseminated in whole or in part without prior consent from Thirteen Asset Management AG. Alternative investments can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of trading performance and past or projected performance is not a reliable indicator of future performance. We recommend to consult your bank, investment and/of tax adviser.
