As the outlook for Western economies remains uncertain with juxtapositions of green shoots and worsening economic data, experts tell CNBC they see opportunities in emerging markets.
BRIC — Savior of the World?
As Richard Morrish, chief market strategist at MIG Investments expects the BRIC economies to be on the path to recovery by year-end, he tells CNBC that these countries are likely to lead the world out of the global slump.
Bullish on Emerging Asia
Sailesh Jha, senior regional economist at Barclays Capital is bullish on emerging Asia, upgrading his forecast for the region's GDP growth to 4.3%, from 3.5%.
Bullish on Aussie
The Australian dollar is one of the currencies which has broken through weakness, says Mike Moran, currency strategist at the Standard Chartered Bank. He speaks to CNBC about his bullish take on the Aussie dollar.
Aussie Dollar Due for Correction
The Aussie dollar may be due for a little bit of a correction, says Euan McCreadie, senior corporate dealer at OzForex. But he tells CNBC that he expects the currency to strengthen over the longer term.
Eye the Yen & Commodity Currencies
Kirby Daley, senior strategist at the Newedge Group, favors the yen as he expects more unwinding of carry trades and liquidation of assets globally.
Yuan Convertibility Not In the Cards Yet
Yuan convertibility is not in the cards yet, believes Andy Xie, independent economist. He tells CNBC why, as well as what may be the true reason behind the yuan's recent strength.
Highs For Gold Not Seen
Gold is not ready yet to take on its previous highs, says Jonathan Barratt, managing director of Commodity Broking Services.
Sell Aussie Banks
Steve Johnson, managing director of the Intelligent Investor tells CNBC why he has a "sell" on banks in Australia.