Outlook on Euro Zone Remains Cautious: Economist

Friday, 20 Jul 2012 | 4:00 AM ET

"Companies starting to report don¿t look half bad so I think we temporarily started to look on the bright side of life first but I suspect come next week we will be focusing on Europe again as a reminder that things are still wobbly out there in the real world," Song Seng Wun, regional economist at CIMB Research, told CNBC.