UK Industrial Production YoY (Feb) Y/Y -0.4% vs. Exp. -0.9% (Prev. 0.4%)
The UK Industrial Production report for February shows a year-on-year contraction of -0.4%, outperforming expectations of -0.9%.
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 Industrial Production YoY (Feb) Y/Y -0.4% vs. Exp. -0.9% (Prev. 0.4%)
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 surprise could signal resilience in the UK manufacturing sector, potentially influencing monetary policy discussions if sustained, as it contrasts with recent softer trends in other economic indicators.
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