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Market Tips: Dollar Still Safe, China Getting Pricey

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Published: Tuesday, 30 Jun 2009 | 6:20 AM ET
By: CNBC.com

The MSCI world equity index looked set on Tuesday for its best quarterly gain since its 1988 launch and oil was on course for its strongest quarter since 1990. But with analysts predicting a correction, experts tell CNBC the dollar is still a safe haven, but that Chinese stocks are getting too pricey.

Dollar Still a Safe Haven

Jim Vrondas, manager of corporate business at OzForex expects the dollar to strengthen late in the week on risk aversion as U.S. jobless rate will stay high.

China Stocks Getting 'Pricey'

Abundant liquidity and improving fundamentals will sustain the rally in Chinese equities, says Michael Kurtz, China strategist at Macquarie Research. He shares with CNBC his investment strategy as stocks get increasingly expensive.

Keep Accumulating

Sani Hamid, director of wealth management at Financial Alliance is advising clients to continue accumulating. He tells CNBC why, in this latest installment of Protect Your Wealth.

Hot on Infrastructure

The infrastructure sector looks attractive to Steve Johnson, MD of the Intelligent Investor. He reveals his top picks within this space.

US Markets Trying to Regain Footing

Markets in the U.S. are taking a breather and trying to regain its footing, Ben Lichtenstein, president at TradersAudio.com.

Commodity Prices Won't See Deflation

The deflation call for commodity prices is largely behind us, says Stephen Roach, chairman at Morgan Stanley Asia. He tells CNBC that he does not see a pronounced downtrend in commodity prices like what was seen last fall.

Recovery Seen in 2010

Hugh Young, global head of equities at Aberdeen Asset Management says the profit outlook for companies are clouded this year but the ones with healthy balance sheets will forge ahead when the global economy recovers at the end of 2010.

Asia Won't Be the New Engine of Growth

Hopes that Asia is going to be the new engine of the global economy are overblown at this point, cautions Stephen Roach, chairman at Morgan Stanley Asia.

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The MSCI world equity index looked set on Tuesday for its best quarterly gain since its 1988 launch and oil was on course for its strongest quarter since 1990. But with analysts predicting a correction, experts tell CNBC the dollar is still a safe haven, but that Chinese stocks are getting too pricey.

   
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