China's NBS Manufacturing PMI eases to 50.0 in May, Non-Manufacturing PMI rises to 50.1

China’s official Manufacturing Purchasing Managers' Index (PMI) eased to 50.0 in May, compared to 50.3 in the previous reading. The reading came in line with the market consensus of 50.0 in the reported month. 
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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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