Weekly Talking Points - Waiting for BoE, US ISM data - 03 November 2025

Our round-up of what to expect in the coming week and the key events of last week. In our latest Weekly Talking Points we look ahead to the Bank of England meeting and US ISM data. Our weekly Spotlight discusses the US non-manufacturing ISM series and signs of potential weakness in sentiment. Our Review section looks at the Fed's hawkish rate cut, Trump/Xi trade talks, ECB and BoJ keeping rates steady, Bank of Canada lowering rates and key market activity.

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