The survey of the manufacturing sector known as Philly Fed recorded a strong rise in the main indicator going from 9.1 to 26.5, widely topping the market consensus which was 11.8.
He Indicator price index rose to the highest level since August 2018 at 45.4 (24.9 was the December data). The number of new orders went from 1.9 to 30.0 and that of employment from 5.6 to 22.5.
At the same time, the weekly report of requests for unemployment benefits and the report on the start of housing were also released, both showed figures that were higher than expected.
The dollar after the data was released, rose, but moderately and with no signs that the gains were going to persist. The operators are attentive to the words of Chirstine Lagarde, the president of the European Central Bank.
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