BREAKING: UK CPI slightly lower than expected📊GBPUSD gains on US dollar weakness

UK CPI YoY came in at 2.6% vs 2.7% exp. and 2.8% previously (MoM at 0.3% vs 0.4% exp. and 0.4% previously)

UK Core CPI YoY 3.4% vs 3.4% exp. and 3.5% previously (MoM: 0.5% vs 0.4% previously)

UK Services CPI YoY 4.7% (Forecast 4.8%, Previous 5%)

GBPUSD gains more than 0.4% today climbing to the highest level since October 2024 and even slightly weaker CPI reading doesn't stop British sterling from strengthening vs US dollar. USDIDX loses 0.6% on renewed trade war concerns.

Source: xStation5

14 May 2026, 19:00

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Will Xi Jinping help reopen the Strait of Hormuz❓The NYT reports surprising details about the Saudi and UAE attacks on Iran 💥

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BREAKING: Natural gas (NATGAS) prices are rising following the release of EIA data from the U.S.

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🟠Copper nears historic highs on sulphur shortages and AI boom

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