This week, attention will focus on DELL, AVGO and LULU earnings releases, as well as the US jobs report and the Bank of Canada's rate decision.
This week's focus will be narrowed to earnings releases from major tech-related companies and the publication of key economic indicators. Developments in the earnings releases from DELL, AVGO and LULU will be a focus for retail investors.
With earnings releases from 3 companies, DELL, AVGO and LULU, due, the results, outlooks and guidance from each are expected to attract market attention. The sustainability of revenue growth, margin trends and the contribution of individual business segments associated with the earnings releases are expected to be key areas of focus.
The US jobs report and the Bank of Canada's rate decision are both due around the same time this week, and these indicators could affect market risk appetite and asset allocation. Attention will also focus on the backdrop to the Fed's monetary policy and the global economic recovery.