ISM manufacturing sentiment index falls

Announced at 23:00 on 2024/7/1ISM Manufacturing Sentiment IndexResults for the previous month of 48.748.5It was.

The US manufacturing industry fell below 50, which is the turning point of the boom and recessionrecessionsI can say that.

ISM Manufacturing Sentiment IndexIt recorded 3 consecutive months of decline.

ThisStock heightIt's a factor.

There has been a backlash since 6/5Crude oil futures WTIhas begun to rise again.

Because the rise in crude oil prices encourages inflation and causes the period of interest rate cuts to retreatStock depreciationIt's a factor.

The reason for the rise in crude oilgeopolitical riskThat's it. Specifically, the conflict between Israel and Hezbollah, a Shiite organization in neighboring Lebanon, is intensifying.