investingLive Asia-Pacific news wrap: Trump pauses Project Freedom. Oil drops, gold surges

AI summary

<ul><li><a href="https://investinglive.com/commodities/gold-tops-4650-as-weaker-dollar-and-iran-peace-hopes-lift-precious-metals-20260506/">Gold tops $4,650 as weaker dollar and Iran peace hopes lift precious metals</a></li><li><a href="https://investinglive.com/centralbank/nab-calls-june-rba-hike-to-460-as-middle-east-inflation-compounds-domestic-pressures-20260506/">NAB calls June RBA hike to 4.60% as Middle East inflation compounds domestic pressures</a></li><li><a href="https://investinglive.com/centralbank/ing-sees-aud-rebound-ahead-as-rba-signals-pause-but-stands-ready-to-act-20260506/">ING sees AUD rebound ahead as RBA signals pause but stands ready to act</a></li><li><a href="https://investinglive.com/news/china-private-survey-rating-dog-services-pmi-526-in-april-up-from-521-in-march-20260506/">China private survey Rating Dog Services PMI 52.6 in April (up from 52.1 in March)</a></li><li><a href="https://investinglive.com/centralbank/pboc-sets-usd-cny-reference-rate-for-today-at-68562-vs-estimate-at-68160-20260506/">PBOC sets USD/ CNY reference rate for today at 6.8562 (vs. estimate at 6.8160)</a></li><li><a href="https://investinglive.com/news/australia-to-build-a10bn-fuel-reserve-as-middle-east-crisis-drives-stockpile-push-20260506/">Australia to build A$10bn fuel reserve as Middle East crisis drives stockpile push</a></li><li><a href="https://investinglive.com/centralbank/cba-sees-rba-on-hold-for-rest-of-2026-after-third-consecutive-hike-to-435-20260506/">CBA sees