The US economy has, for the month of December, created nearly double the level of jobs the market was predicting at 312,000 up from the 177,000 which was predicted. To accompany this, wage inflation accelerated at its quickest pace since 2009. These figures caused investors a conundrum in that the markets want the FED to slow the expected rate of interest rate hike’s, the FED, who maintain they are data dependent, have to take this latest job’s data as evidence that the US is still growing very strongly. Markets today are taking the news well with US and European indexes trading above the two percent level in intra day trading.