Japan Capital Spending came in at 0%, below expectations (4.1%) in 1Q

Gold drifts lower as stalled US-Iran talks, hawkish Fed outlook pressure prices

Gold price (XAU/USD) declines to near $4,535, snapping the two-day winning streak during the early Asian session on Monday. The precious metal loses ground amid the lack of progress in the US-Iran peace negotiations.
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Australian Dollar flatlines below 0.7200 as US-Iran talks continue, China PMI looms

The AUD/USD pair holds steady around 0.7185 during the early Asian trading hours on Monday. Traders continue to assess the developments surrounding the US-Iran peace negotiations. Also, China’s RatingDog Manufacturing Purchasing Managers Index (PMI) report for May will be released later on Monday. 
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