Le Bags accelerate higher after the release of better-than-expected US data. At the end of a morning characterized by strong uncertainty, Piazza Affari gained 0,8% in the early afternoon, above all thanks to the recovery of the banks (excluding Mps, which continues to lose more than two percentage points). The other European price lists were also positive: Paris +0,6%, London +0,7%, Frankfurt 0,95%.
In November, in the United States, companies created 203 thousand jobs: a much higher number than expected by analysts (180). The US Department of Labor also communicated that the unemployment rate has dropped to 7% (from 7,3% the previous month), the lowest for five years. Also in this case the figure is better than expected: the estimate was a drop to 7,2%.
On the front of consumptionAccording to reports from the Commerce Department, spending by Americans grew by 0,3% in October, in line with analysts' forecasts. On an annual basis, expenses grew by 2,1% (data revised taking into account inflation).
I personal income they fell by 0,1%, while experts expected a growth of 0,3%. The savings rate fell to 4,8% from 5,2% in September. The component that measures the trend of inflation grew on an annual basis by 0,7%, less than the 0,9% in September and below the 2% considered ideal by the Federal Reserve.
Lastly, according to what was reported by the University of Michigan, the data relating to consumer confidence stood at 82,5 points this month, from 75,1 points in November and the highest since July. The index is higher than the 76,5 points expected by analysts.
