Tony Chidiac, private client advisor at Ord Minnett tells CNBC's Karen Tso he likes resources over the longer term.

The run-up in gold prices is a reflection of strong investor demand, says Peter McGuire, managing director at CWA Global Markets, speaking to CNBC's Karen Tso and Sri Jegarajah.

Caltex is in the "backyard" of China and India, says its managing director, Julian Segal. He tells CNBC's Karen Tso that demand for oil in Asia will continue to grow.

The top headlines this hour, with CNBC's Sri Jegarajah.

A double dip recession in the U.S. is unlikely according to both Lewis South, chief economist at Macquarie Funds Management Group and Peter McGuire, managing director at CWA Global Markets. They speaks to CNBC's Sri Jegarajah and Karen Tso about the U.S. economy.

The Aussie dollar will head up to parity in the next year, says Gavin Long, trader at BBY, speaking to Peter McGuire, managing director at CWA Global Markets and CNBC's Karen Tso.