(MENAFN- ProactiveInvestors)Tuesday's headlines are likely to be dominated by Greece as investors await more details on the blockbuster agreement announced on Monday. The next twist in the fate of the country will be whether or not parliament passes through a series of legislations required by mid-week. Commentators have been quick to call the deal a disaster for Greece with many suggesting Germany is the real winner from the deal. Alastair McCaig of IG said the government "folded" to harsh demands while Connor Campbell at Spreadex said: "the Germans have effectively got what they wanted from any third bailout agreement." However Campbell said for the UK 'what will now be interesting is how long it will take the FTSE to refocus on its own issues after months of moving on the back of developments on the continent.' In the UK both the consumer price index and retail price index figures will dominate the economic data front. On a busy week for trading updates Carillion (LON:CLLN) which will be announcing second quarter sales and revenue will pique the interest of investors on Tuesday. After last week's announcement by Balfour Beatty (LON:BBY) that the company issued yet another profit warning investors will be thanking their lucky stars that the £2bn bid Carillion made for the company was beaten away last year. It is unlikely that a renewed bid is in the offing but investors will be keen to see how Carillion's books look compared to its rival. Currently there are expectations that the order book of the service provider may have fallen; so investors will be focused on the longer term outlook for infrastructure and support service projects in the UK. Other areas of interest will be its overseas operations especially in the Middle East the group's margins and whether it can provide a healthy dividend yield. Finals: Begbies Traynor Group (LON:BEG) Trading statements: Carillion (LON:CLLN) Michael Page International (LON:MPI) Economic: UK – BRC retail sales monitor Consumer price index. EU – Industrial production. US – Retail sales
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