South Korea Unemployment Rate climbed from previous 2.7% to 2.8% in April

May 13, 2026

Pound Sterling slipped after hot US CPI with PPI still ahead

GBP/USD lost about 0.7% on Tuesday, sliding from prior session highs near 1.3650 to test the 1.3500 round figure before a modest late-session rebound.

Gold edges higher above $4,700 despite hotter US inflation, Trump–Xi summit in focus

Gold price (XAU/USD) trades with mild gains near $4,720 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited due to hotter-than-expected US inflation and shifting geopolitical tensions.