UK Average Earnings excl. Bonus (3Mo/Yr) (Dec) 4.2% vs. Exp. 4.2% (Prev. 4.4%, Rev. From 4.5%, Low. 4.2%, High. 4.6%)

The UK Average Earnings excluding Bonus data came in at 4.2%, matching expectations but down from a previous 4.4%.

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Adani Enterprises (ADANIENT ID) is reportedly to invest up to USD 100bln into AI data centres by 2035, according to Bloomberg

Antofagasta (ANTO LN) FY25 (USD): Revenue 8.62bln (exp. 8.50bln), EBITDA 5.20bln (exp. 5.15bln), Pretax profit 3.16bln (exp. 3.19bln), EBITDA margin 60.3% (exp. 61.2%), Dividend/shr 64.6c (prev. 31.4c Y/Y), Recommended final dividend of 48.0c

UK Average Earnings excl. Bonus (3Mo/Yr) (Dec) 4.2% vs. Exp. 4.2% (Prev. 4.4%, Rev. From 4.5%, Low. 4.2%, High. 4.6%)

Newsquawk Daily European Equity Opening News - 17th February 2026

Russian President's Aide said Russia, Iran and China sent ships to the Strait of Hormuz to participate in the "Security Belt 2026" exercise, Al Jazeera reports (as expected)

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This confirms a slight deceleration in wage growth, which could lend support to the Bank of England's current narrative on inflation and interest rates, potentially muting any hawkish sentiment in the near term.

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