Market Tips: The Commodity Bulls Are Back in Town
Despite most of Asia ending slightly higher Wednesday, European stocks fell, dragged lower by commodities and banks. But experts tell CNBC that as the economy recovers so will commodity stocks.
Bullish on Energy
Explaining why he is bullish on the energy sector, with Mark Konyn, CEO of RCM Asia Pacific Limited.
Get Set Up for a Global Recovery
King Lip, portfolio manager at Baker Avenue Asset Management is bullish on the commodities sector against a backdrop of a global recovery.
Oil Prices Will Stay Volatile
John Vautrain, director and vice president at Purvin and Gertz, says oil below $70 will be hard to sustain long-term as low prices will discourage investments in the industry.
Pullback Seen in Copper Prices
There is a risk that copper prices may pull back below the $5,000 level in the coming months, foresees David Moore, commodities analyst at Commonwealth Bank.
The Return of the Bull
The environment that we are facing now is ripe for a new bull market, says King Lip, portfolio manager at Baker Avenue Asset Management.
Optimism Driving Asia Momentum
Optimism is driving momentum in the Asian markets as investors play catch up, observes Andrew Sullivan, sales trader at MainFirst Securities HK.
Banks Are Stabilizing
The banking sector is starting to stabilize, notes Paul Mortimer Lee, global head of market economics at BNP Paribas. He shares his outlook for the sector and global economy.
Aussie Eyes US$0.82
Euan McCreadie, senior corporate dealer at OzForex, says positive Australian GDP data will open the door for the Aussie to hit 82-83 U.S. cents.
