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On July 2 local time, Venezuela's Transport Ministry confirmed the country's metro and rail systems have fully resumed operations.

2026-07-03

On July 2 local time, Venezuela's Transport Ministry confirmed the country's metro and rail systems have fully resumed operations.

Other News
2026-07-02

US initial jobless claims for week ended June 27: 215,000 vs 220,000 expected; previously revised to 216,000 from 215,000.

US initial jobless claims for week ended June 27: 215,000 vs 220,000 expected; previously revised to 216,000 from 215,000.
2026-07-03

Citigroup expects aluminum to bottom within the next month and to recover to $3,300–3,500/ton during Sep–Dec. The call is based on a more dovish Fed outlook, falling real rates, an improving demand outlook and declining inventories on a consumption‑d

Citigroup expects aluminum to bottom within the next month and to recover to $3,300–3,500/ton during Sep–Dec. The call is based on a more dovish Fed outlook, falling real rates, an improving demand outlook and declining inventories on a consumption‑days basis. The bank says the recent ~20% drop from about $4,450/t over the past month largely reflected weaker-than-expected demand, slower visible inventory draws, easing geopolitical risk, concentrated liquidations of speculative and physical positions, and rising expectations of future supply increases. Citigroup warns conditions do not favor shorting: the market was in a supply deficit before the recent shock and new supply is unlikely to close the gap quickly. It also says concerns about a rapid return of Middle East supply may be overstated.
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