Economic data from the US released this week showed a robust start to 2016 and a better than expected end for the Q4 of 2015. Durable goods orders for the month of January increased at the fastest pace in 10 months on the back of increasing demand and lifting hopes that the US manufacturing sector was showing signs of a rebound. Data released by the US commerce department showed that orders for durable goods surged 4.90% while non-defense capital goods orders were up 3.90%.
Positive US Data Might Support Fed Tightening
Weekly Report - 28/02/2016