Weekly Talking Points - Central bank meetings, US jobs

Our round-up of what to expect in the coming week and the key events of last week. The focus will be on the Fed, BoJ and BoE meetings this week ahead of US jobs for July due Friday. Our regular Spotlight feature looks at the US consumer discretionary sector again with an eye on the risks of margin compression after disappointing reactions to earnings from car makers. Our Review section looks at the stock market getting a case of the 'yips' last week, Bank of Canada trimming rates and US economic data that seems to leave the Fed poised to cut rates in September. To read more please subscribe.