Latest unemployment figures in the US today showed a drop to just 5.6% unemployment in the December period. 252,000 new jobs created in December on top of November's 353,000 pushed the total number of new roles created in 2014 to a staggering 2.29million. This has capped what many see as the most encouraging year for US economic growth since pre 2000. Unsurprisingly the S&P is struggling today as investors see this good news as a prelude to a tightening of fiscal policy. Eurozone deflation strengthens calls for full scale Q.
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Eurozone deflation strengthens calls for QE
Eurozone deflation strengthens calls for QE
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The week ahead
The week ahead