なんてかわいい子犬!!
What a cute puppy!!
今日はなんていい天気だ!
What great weather (we have ) today.
あなたはなんて不注意なひと。
You are such a careless person.
なんて can be used to exaggerate a certain aspect of a sentence or the sentence as a whole. It can apply to " What a ..... " and " such a " if translated in English. It can apply for both positive exaggerations and negative exaggerations.