Although global stock markets plummeted Wednesday, with investors disappointed by the new US financial rescue plan, experts tell CNBC the US stock market could rally next week.
Dow May Rally Next Week
According to the charts, the Dow could rally to its cyclical high early next week, says Ray Barros, CEO of Ray Barros Trading Group. He also charts the U.S. dollar index.
Volatility to Last into H2
Although Christian Goldsmith, international investment specialist at Fortis Investments expects the markets to remain volatile in the second-half, he sees some valuation opportunities out there.
Dollar Direction Dictates Oil's Trading
Oil is a US dollar story, says Ray Barros, CEO of Ray Barros Trading Group. He believes that if the greenback starts to break down, then oil will start to rally. He also pulls out the charts on gold.
Has China's Market Bottomed?
Yang Liu, co-chairman of Atlantis Investment Management believes the A-Share market has bottomed. But Ray Barros, CEO of Ray Barros Trading Group remains bearish. They share their views on the Chinese market.
Korean Won to Hit 1250 by Year's End
The Korean won will remain volatile, with prospects for export-oriented Asian economies looking very grim this year, says Jan Lambregts, Asia head of research at Rabobank International.