Weekly Talking Points - US data key this week

Our round-up of what to expect in the coming week and the key events of last week. The focus will be on the US personal consumption, spending and PCE data this week. The RBA and SNB meet as well which is worth keeping an eye on. Our Spotlight focuses on energy shares and the falling price of ICE Brent Crude. We suspect that shares may come under pressure once Brent falls below $65/bbl. and $60/bbl., in line with our forecasts. Our Review section looks at the Fed 50 bp rate cut, UK inflation data and the soft sentiment reading along with US retail sales. To read more please subscribe.