UK PPI Output YoY (Jan) Y/Y 2.5% (Prev. 3.1%, Rev. From 3.4%)
The UK PPI Output YoY for January printed at 2.5%, showing a notable decline from the previous 3.1% and a significant revision from 3.4%.
Iran and Russia are reportedly said to conduct navy drills in the Sea of Oman and Northern Indian Ocean on February 19th
Glencore (GLEN LN) FY (USD): Revenue 247.5bln (exp. 233.9bln); Adj. EBITDA 13.51bln (exp. 13.22bln), Adj. EBIT 5.98bln (exp. 5.72bln), is to return USD 2bln to shareholders
UK PPI Output YoY (Jan) Y/Y 2.5% (Prev. 3.1%, Rev. From 3.4%)
Newsquawk Daily European Opening News - 18th February 2026
ECB says that Lagarde remains committed to her role and has not made a decision on her departure
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This softer reading may suggest easing inflationary pressures, which could influence the Bank of England's trajectory for monetary policy moving forward and may lead to a reassessment of rate hike expectations.
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