They say the GDP growth for U.K. was 0.6 percent last quarter. The fact that it is a positive figure is a great blessing, considering the deficit cuts.
The U.S. figures inspire further confidence that Recovery is under way there, and all things being equal and the Oil price remaining stable and possibly lower ($80 would sustain a recovery), it augers well for 2012. The job creation in the U.S. seems good.
200,000 more people finding work each month must bring cheer to lot of households.
A lower Oil price will sustain this trend.