UK Manufacturing Production MoM (Feb) M/M -0.1% (Prev. 0.1%, Low. 0.0%, High. 0.7%)
The UK Manufacturing Production for February showed a slight decline of -0.1% month-over-month, contrasting with the previous gain of 0.1%.
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 Manufacturing Production MoM (Feb) M/M -0.1% (Prev. 0.1%, Low. 0.0%, High. 0.7%)
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 print indicates a potential cooling in manufacturing activity, which could impact expectations for economic growth and the Bank of England's policy considerations, particularly in relation to inflation and rates. Traders should watch for implications on the GBP and broader risk sentiment as the market digests this dip.
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