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Market Tips: Gold to Keep Climbing, Dollar to Fall

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Published: Monday, 29 Jun 2009 | 6:29 AM ET
By: CNBC.com

Global stocks were mixed Monday as the second quarter slowly comes to an end. Experts tell CNBC to expect a softer dollar and higher gold prices this week.

Bearish on Dollar

Thomas Harr, senior FX strategist at Standard Chartered explains why he is bearish on the U.S. dollar.

Expect a Softer US Dollar

Expect to see a softer U.S. dollar over the course of this week, predicts Stephen Roberts, chief economist at Nomura.

Gold Prices Seen Trending Higher

Peter McGuire, MD of Commodity Warrants Australia sees gold prices trending higher.

Japan & US Economies are Stabilizing

The Japanese and U.S. economies are stabilizing, believes Dariusz Kowalczyk, chief investment strategist at SJS Markets. He tells CNBC that any contraction of GDP in the second-quarter will be low.

Upbeat on HK Banks

Now is the time to switch out of Hong Kong property stocks and into banks instead, suggests Sean Darby, head of regional strategy at Nomura International.

Power Shift to Emerging Markets

The global financial crisis has accelerated the process of the shift of power from developed countries to emerging countries, notes Simon Lue-Fong of Pictet Asset Management.

The Case for EM Debt

There are two reasons why emerging markets' fixed income looks attractive. Simon Lue-Fong, senior investment manager & head of global emerging debt at Pictet Asset Management tells CNBC what they are.

Second Quarter All About Risk-Taking

The story of the second quarter has been the tremendous rise of risk taking and the 30% gain in markets. Ray Attrill, global head of research at Forecast Australia, talks to CNBC, about theme of risk-taking in the second quarter and what lies ahead in the third quarter.

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Global stocks were mixed Monday as the second quarter slowly comes to an end. Experts tell CNBC to expect a softer dollar and higher gold prices this week.

   
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