---
title: "Citi Says Middle East Supply Recovery Expectations Are Overstated After Weak U.S. Jobs Data"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291624909.md"
description: "Weak U.S. employment data surprised markets and eased expectations for further Federal Reserve rate hikes. According to ChainCatcher, the update was reported by Jin10. Citibank said expectations for a recovery in Middle East supply have been “overstated.” The bank also noted that aluminum futures on the London Metal Exchange rose, and said the duration of any “breathing window” for industrial metals remains uncertain."
datetime: "2026-07-03T05:23:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291624909.md)
  - [en](https://longbridge.com/en/news/291624909.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291624909.md)
generator: "portal-rs"
---

# Citi Says Middle East Supply Recovery Expectations Are Overstated After Weak U.S. Jobs Data

Weak U.S. employment data surprised markets and eased expectations for further Federal Reserve rate hikes. According to ChainCatcher, the update was reported by Jin10. Citibank said expectations for a recovery in Middle East supply have been “overstated.” The bank also noted that aluminum futures on the London Metal Exchange rose, and said the duration of any “breathing window” for industrial metals remains uncertain.

### Related Stocks

- [ALUM.UK](https://longbridge.com/en/quote/ALUM.UK.md)
- [C.US](https://longbridge.com/en/quote/C.US.md)
- [C-R.US](https://longbridge.com/en/quote/C-R.US.md)

## Related News & Research

- [METALS-Aluminium touches three-week high, supply back in focus](https://longbridge.com/en/news/297859348.md)
- [METALS-Zinc prices rise on tighter supply](https://longbridge.com/en/news/297121875.md)
- [METALS-Copper edges up on thinning stocks, eyes 10-week winning streak](https://longbridge.com/en/news/298021875.md)
- [METALS-Aluminium climbs to three-week high as tightness back in focus](https://longbridge.com/en/news/297896177.md)
- [METALS-Copper leads base metals lower as Middle East tensions flare up](https://longbridge.com/en/news/297772571.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**