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Economists at the Office for National Statistics: Growth in services and manufacturing was partly offset by another decline in construction, albeit at a slower pace than before, and leasing and intellectual property licensing also continued to shrink.
Economist at the Office for National Statistics: Economic growth accelerated further in the three months to February, driven by overall growth in the services sector. In services, growth was particularly notable in wholesale, market research, hotels and publishing, with all four sectors performing well in the three months to February. At the same time, auto production is also recovering from the impact of the autumn cybersecurity incident.
The UK's seasonally adjusted trade balance with the EU in February was -11.694 billion pounds, compared with -10.988 billion pounds in the previous month.
The UK's seasonally adjusted trade balance in February was -720 million pounds, compared with the previous value of 3.922 billion pounds.
The UK’s GDP for the three months in February recorded a monthly rate of 0.5%, the largest increase since April 2025.
The UK's seasonally adjusted merchandise trade balance in February was -18.791 billion pounds, expected -20.2 billion pounds, and the previous value was revised from -14.449 billion pounds to -15.077 billion pounds.
The UK's seasonally adjusted non-EU trade balance in February was -7.097 billion pounds, and the previous value was revised from -3.461 billion pounds to -4.108 billion pounds.
The UK's February GDP monthly rate was 0.5%, which was expected to be 0.1%. The previous value was revised from 0.00% to 0.1%.
South Korean President Lee Jae-myung will visit India and Vietnam from April 19 to 24.
The UK's monthly GDP rate for the three months of February, the February seasonally adjusted merchandise trade account, and the monthly rate of industrial and manufacturing output will be released in ten minutes.
Alibaba (09988.HK) rose more than 5% on news that Alibaba Cloud has raised the service prices of some MU (ModelUnit) model units of its large model service platform Bailian.
ECB De Marco: Need to be patient and not rush into decisions.
ECB De Marco: The economy may be heading towards the ECB’s adverse scenario.
European Central Bank De Marco: Inflation expectations are currently stable and corporate pricing signals will be crucial.
Citigroup: Raised the target price of ASML from 1,600 euros to 1,675 euros.
Local officials said that the wreckage of a drone was found in the enterprise area of Russia's Tuapse port.
ECB Governing Council Member Robert Mueller: There is currently no conclusive evidence of the second round of inflationary effects.
ECB Governing Council Member Muller: It may be difficult to determine whether to raise interest rates at the April 30 meeting; the June meeting will provide more data.
ECB Governing Council Member Muller: An interest rate adjustment at the April meeting still cannot be ruled out.
The governor of Ukraine's Odessa region said port infrastructure was damaged in the Russian attack.