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[Futures Hot Topics Tracking] Disappointing US jobs data slows expectations of a Fed rate hike. Citigroup says Middle East supply recovery is "exaggerated," LME aluminum rises. How long can the "breathing room" for industrial metals last?

2026-07-03

[Futures Hot Topics Tracking] Disappointing US jobs data slows expectations of a Fed rate hike. Citigroup says Middle East supply recovery is "exaggerated," LME aluminum rises. How long can the "breathing room" for industrial metals last?

Other News
2026-07-03

Australia June S&P Global Services PMI (final) 50.5, prior 49.9.

Australia June S&P Global Services PMI (final) 50.5, prior 49.9.
2026-07-03

S&P Global final Germany services PMI rose to 48.6 in June, up from the flash 46.8, but still below 50 and marking a third consecutive month of contraction. Prices rises and falling market confidence weighed on demand. New business declined for a fou

S&P Global final Germany services PMI rose to 48.6 in June, up from the flash 46.8, but still below 50 and marking a third consecutive month of contraction. Prices rises and falling market confidence weighed on demand. New business declined for a fourth month and fell faster than in May, with firms citing a weak domestic economy, tighter financing and low domestic confidence; overseas new orders also dropped markedly. Backlogs fell at the fastest pace since August last year, signaling low capacity pressure and dampening near-term hiring prospects. Employment fell for a sixth month in June, but the decline was small and the mildest in the current downcycle. S&P Global said the sector has been under pressure since the outbreak of the Middle East war.
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