Market Review and Trends
Smart Look At The Week Ahead: Vaccine Hope
By The Smart Investor  •  July 5, 2020
It will probably not come as a huge surprise to anyone that COVID-19 will be the focus of attention as the spectre of a second wave looms large. The World Health Organisation has said that it would be “unwise” to predict when a vaccine would be ready against the virus. But it did say that it expects interim results from clinical trials it is conducting on some drugs within the next two weeks. Retail sales in the eurozone are expected to have rebounded by nearly 15% in May compared to April. But despite the strong monthly performance, shopkeepers are still nursing year-on-year declines of almost 9%. Indonesia will also report retail sales. They are expected to show a 23% drop year on year for May. It would be the sixth straight month of declines, amidst restrictions that forced consumers to stay at home. Closer to home, Malaysia will report retail sales that could show a slowdown in the rate of decline....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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