UK Balance of Trade (Feb) -0.720B vs. Exp. -3.6B (Prev. 3.922B)
The UK's balance of trade data for February shows a deficit of -0.720B, significantly better than the expected -3.6B, marking a notable improvement from the previous surplus of 3.922B.
Goldman Sachs expects the ECB to deliver 25bp rate hikes in June and September 2026 (prev. saw hikes in April and June)
TSMC (TSM/2330 TT) provides guidance (TWD): Q2 Revenue 39-40.2bln (exp. 38.1bln), Gross Margin 65.5-67.5% (exp. 64.1%), Op. Margin 56.5-58.5% (exp. 55.3%)
UK Balance of Trade (Feb) -0.720B vs. Exp. -3.6B (Prev. 3.922B)
Newsquawk Daily European Equity Opening News - 16th April 2026
Pakistani Army Chief is heading to the US on Friday as part of mediation efforts between the US and Iran, Al Jazeera reports citing a Pakistani security source
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This data could suggest a strengthening in trade dynamics, potentially impacting the GBP positively as it may influence expectations around future monetary policy and economic growth.
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