#australia td-mi inflation gauge

The post Australia TD-MI Inflation Gauge (YoY) rose from previous 4.3% to 4.4% in May appeared on BitcoinEthereumNews.com. Gold stays defensive above $4,500 in the Asian session on Monday, holding Friday’s late pullback from the vicinity of $4,600 or a two-week high. Any meaningful upside seems elusive as geopolitical risks underpin the US Dollar’s reserve currency status, which tends to weigh on the commodity. Furthermore, bets for a Fed rate hike in 2026 support the USD and should cap gains for the non-yielding yellow metal. Source: https://www.fxstreet.com/news/australia-td-mi-inflation-gauge-yoy-rose-from-previous-43-to-44-in-may-202606010117

The post Australia TD-MI Inflation Gauge (MoM) fell from previous 0.6% to -0.3% in May appeared on BitcoinEthereumNews.com. Gold stays defensive above $4,500 in the Asian session on Monday, holding Friday’s late pullback from the vicinity of $4,600 or a two-week high. Any meaningful upside seems elusive as geopolitical risks underpin the US Dollar’s reserve currency status, which tends to weigh on the commodity. Furthermore, bets for a Fed rate hike in 2026 support the USD and should cap gains for the non-yielding yellow metal. Source: https://www.fxstreet.com/news/australia-td-mi-inflation-gauge-mom-fell-from-previous-06-to-03-in-may-202606010109