ISM Data Gives Reason for Caution, Rupkey Says

July 2 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, discusses the Institute for Supply Management’s June manufacturing index released today. The ISM's index fell to 49.7, worse than the most-pessimistic forecast in a Bloomberg News survey, from 53.5 in May, the Tempe, Arizona-based group’s report showed today. (Source: Bloomberg)
The Importance of Oil Stability for Equities
53:04 - James Bevan, chief investment officer at CCLA Investment Management, discusses timing for a Federal Reserve rate hike, the impact of oil prices on equities and volatility in mining stocks. He speaks with Manus Cranny on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
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