US: Factory orders and Fed speak in limelight - BBH

The US economic calendar features factory orders and the final durable goods orders report, points out the research team at BBH.  

Key Quotes

“The tax cuts, depreciation allowance, and the repatriation are projected by economists to boost investment in the US.  The preliminary January durable goods orders did not show this.  In fact, excluding defense and aircraft, durable goods orders fell.  Revisions are possible today with the factory goods orders, but they are not likely to be substantial.  New York Fed's Dudley speaks early, while Brainard speaks late in the day (after the markets close) and Kaplan will speak early in the Asian session on Wednesday.  Both Brainard and Kaplan (Governor and Dallas Fed President, respectively) are likely candidates against committing to four hikes this year.”