UK Retail Sales ex Fuel MoM (Feb) M/M -0.4% vs. Exp. -0.8% (Prev. 2%)
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Explosions also reported in Qatar, Bahrain and Kuwait, SNN and Press TV report
Sources report explosions caused by an attack on American bases in Saudi Arabia, Tasnim reports
UK Retail Sales ex Fuel MoM (Feb) M/M -0.4% vs. Exp. -0.8% (Prev. 2%)
Huawei is reportedly planning to start mass production of its 950PR chip in April, with plans to ship around 750k 950PRs this year
Newsquawk Daily European Equity Opening News - 27th March 2026
On the Newsquawk feed at , 20 minutes before this page.
Context
UK retail sales excluding fuel fell 0.4% month-over-month in February, outperforming expectations of a sharper decline of 0.8%. This beat against the backdrop of a significant prior increase of 2% may suggest a resilience in consumer spending that could influence the outlook for monetary policy, potentially easing concerns about an economic slowdown.
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