Market Tips: Hope in Silver, Gold and … Sugar
As global markets began another week in the red Monday, investors remain skittish and hesitant to fully get back into stocks. Experts tell CNBC where the investment opportunities are.
Sugar, Silver & Gold Shine
Gold, sugar and silver are the key stand-outs in the commodities market, says Peter McGuire, managing director of Commodity Warrants Australia.
BDI Gains Not Sustainable
Johnson Leung, regional shipping analyst at JPMorgan, says recent gains in the benchmark Baltic Dry Index are not sustainable because they have been driven by restocking of iron ore, not end demand. As such, he recommends short-selling dry bulk stocks.
HK Banking Sector to Underperform
The banking sector may underperform the Hong Kong market in the next few weeks, predicts Peter Lai, director at DBS Vickers Securities. He tells CNBC what is weighing on this sector.
Forex Markets Driven by Risk Aversion
John Noonan, senior FX analyst with Thomson Reuters, says the tension in forex markets is shifting to the Eastern European debt crisis, where Western European banks have huge exposure. He discusses the factors that drive currency trading this week.