UK GDP 3-Month Avg (Feb) 0.5% vs. Exp. 0.2% (Prev. 0.2%, Low. 0.2%, High. 0.3%)
The UK GDP 3-month average coming in at 0.5% versus an expectation of 0.2% is a significant upside surprise, suggesting stronger economic momentum than anticipated.
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 GDP 3-Month Avg (Feb) 0.5% vs. Exp. 0.2% (Prev. 0.2%, Low. 0.2%, High. 0.3%)
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 positive data may bolster the case for maintaining or tightening monetary policy, impacting sentiment towards the GBP, potentially leading to a stronger currency as market participants reassess growth outlook and rate expectations.
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