UK Construction Output YoY (Feb) Y/Y -1.0% vs. Exp. -0.4% (Prev. -0.2%)
The UK Construction Output data for February shows a year-over-year decline of 1.0%, worse than the expected -0.4% and the previous -0.2%.
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 Construction Output YoY (Feb) Y/Y -1.0% vs. Exp. -0.4% (Prev. -0.2%)
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 larger-than-expected contraction suggests a potential slowdown in economic activity, which could raise concerns about growth prospects and influence the Bank of England's policy considerations as they navigate inflation and economic resilience.
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