The US data was stronger than expected with the ISM manufacturing index rising to 55.7 for August from 55.4 previously and contrary to expectations of a modest retreat.
This was the strongest reading since May 2011 and the second successive outcome above expectations.
The components were also broadly favourable with a strong rise in new orders and a solid employment reading.
Subscribe to our mailing list to get the updates to your email inbox... We can't wait more to have your email in our subscribers email list. Just put your nice email in below box: