Weekly Talking Points - Waiting October out...

Our round-up of what to expect in the coming week and the key events of last week. The Bank of Canada meets this week and the focus is on by how much they will cut rates, not on if they will cut rates. US home sales data is out as well, along with the release of the Fed's beige book with plenty of ECB, BoE and Fed speakers out. Our Spotlight focuses on the big gains seen in the S&P 500 Industrial sector (XLI), more ahead as the combination of a strong economy and big defence spending drives some share prices higher. Our Review section looks at the ECB rate cut, UK inflation and US retail sales. US small cap share indices are doing well after the Fed's rate cut last month with a falling line under pressure now- new highs by year end? To read more please subscribe.