BancaMarch: US consumer confidence has improved. The Conference Board index rebounded in November reflecting an improvement in consumer expectations with the aggregate index rising 2.1 points in the month to levels of 111.7. This performance was helped by the executive turnaround in the elections at the beginning of November and by the positive wealth effect that rising stock markets and house prices are having on more affluent US households. In…

Norbolsa | Business activity expanded in November at the fastest pace in over two and a half years when the preliminary PMI reading reached 55.3 (54.3 estimated against 54.1 previously) driven by expectations of a lower interest rate environment and “pro-business” policies from the Trump administration. By sector, the momentum in services (57 versus 55 estimated against 55 previously) was surprising, with the new order readings expanding to levels of…