There will be no news from the U.S. Fed this week, following better-than-anticipated job numbers and in advance of next week's Fed policy meeting. However, we will hear the latest decisions from the RBA and the Bank of Canada. Meanwhile, despite a quieter week for rating actions, attention should be paid both to the steady rise in weakest links, which have reached a two-year high, and the sheer variance across sectors. Some commodity-driven sectors have exhibited positive trends, while most, notably healthcare and high technology, are under increasing pressure.