Why Carmakers Saw the Best Monthly Sales Since 2006

July 2 (Bloomberg) -- General Motors surprised investors with a U.S. sales gain in June after analysts projected a decline. Ford, Chrysler and Nissan beat estimates in the industry’s best month since July 2006. Alan Ohnsman reports on "First Up." (Source: Bloomberg)

Have Central Banks Lost Credibility?
07:38 - John Woods, chief investment officer for Asia-Pacific at Credit Suisse Private Banking, discusses Janet Yellen's comments, the pace of the Fed's rate hikes and the disconnect between what the markets are pricing in and what the fundamentals are suggesting. He speaks to Bloomberg's Angie Lau on "Asia Edge." (Source: Bloomberg)
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