After months of light volumes and high volatility, experts tell CNBC risk aversion in the currency markets has moderated. They suggest buying policy-related stocks but staying clear of base metals.
Currencies Lack Clear Themes
Harry Ida, senior analyst at Thomson Reuters says currencies are largely trading on flows, moving without any clear trends for now.
Risk Aversion Has Moderated
Risk aversion in the currency markets has moderated, notes Thio Chin Loo, senior currency strategist at BNP Paribas.
In Favor of Policy-Related Stocks
Policy-related stocks like steel, cement and infrastructure are of favorable to Steve Tse, research manager at BEA Union Investment Management.
Avoid Base Metals
Avoid base metals, buy precious metals and agricultural commodities instead, advises Stephen Gollop, CEO of Tyche.
Oil a Flight-to-Quality Vehicle
Kevin Kerr, editor & analyst at Global Commodities Alert, says oil has become a flight-to-quality vehicle, with prices now largely led by the dollar's movement, not demand and supply fundamentals.
Markets Will Pullback Before Moving Up
There is a 65% chance of a pullback in markets before they move higher, says David Darst, chief investment strategist at Morgan Stanley Smith Barney.
The Reality of China's Realty
Wait for a pullback before re-entering China's property sector, says Nicole Wong of HK and China Property Research at CLSA.
Property in Singapore: To Buy or Not to Buy?
It's a good time to buy property in Singapore if investors have a medium to long-term view on the city-state, says Christopher Fossick, managing director, South East Asia, Singapore Jones Lang LaSalle.