UK Retail Sales ex Fuel MoM (Jan) M/M 2.0% vs. Exp. 0.2% (Prev. 0.3%, Low. -0.1%, High. 0.9%)
UK retail sales data for January printed significantly higher than expectations, indicating a robust consumer spending environment.
Next round of Russia-Ukraine talks is reportedly possible next week, via TASS
Newsquawk Daily European Equity Opening News - 20th February 2026
UK Retail Sales ex Fuel MoM (Jan) M/M 2.0% vs. Exp. 0.2% (Prev. 0.3%, Low. -0.1%, High. 0.9%)
Hungarian government to release 250k tonnes of crude oil from its strategic reserves after Druzhba oil flow stopped
US ambassador to India says active negotiations are underway with India's Energy Ministry on the import of Venezuelan oil
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This could suggest resilience in the UK economy, potentially influencing expectations around monetary policy as stronger retail activity may support arguments for tighter rates.
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