U.S. employment data fell short of expectations, and the Federal Reserve's interest rate hike expectations have slowed down

According to Jinshi, the disappointing U.S. employment data has led to a slowdown in market expectations for the Federal Reserve's interest rate hikes. Citibank stated that the expectations for a recovery in Middle Eastern supply have been "exaggerated," while aluminum futures on the London Metal Exchange (LME) have risen. It remains to be seen how long the "breathing window" for industrial metals can last.