UK Goods Trade Balance (Feb) -18.79B vs. Exp. -20.2B (Prev. -14.45B, Low. -20.5B, High. -14B)
The UK Goods Trade Balance for February printed at -18.79 billion, better than the expected -20.2 billion and a significant deterioration from the previous -14.45 billion.
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 Goods Trade Balance (Feb) -18.79B vs. Exp. -20.2B (Prev. -14.45B, Low. -20.5B, High. -14B)
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 outperformance may suggest some resilience in trade conditions, but the larger negative balance still signals ongoing challenges, putting pressure on the GBP and potentially influencing the BoE's outlook on growth and inflation in the near term.
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