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Market Tips: Go Long on US Indexes, Dollar

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Published: Monday, 20 Jul 2009 | 6:26 AM ET
By: CNBC.com

Global stocks rose Monday as investors cheered news that U.S. lender CIT Group would avoid bankruptcy after it cut a $3 billion deal with its key bondholders. Experts tell CNBC investors should go long on U.S. stocks and the dollar.

Bearish on Soybeans, Long US Indexes

Peter McGuire, managing director at Commodity Warrants Australia tells CNBC why he is bearish on soybeans, but long on U.S. indexes due to its strong earnings results.

Long on Dollar

Go long on the greenback, advises Brian Redican, senior economist at Macquarie Group. He speaks to CNBC about the currency markets, including the New Zealand dollar.

On the Brink of a Significant Rally?

We could be on the brink of a significant rally, believes Clem Chambers, CEO of ADVFN. He explains his bullish outlook to CNBC.

Earnings Will Drive Markets This Week

Corporate earnings will be the key driver for markets this week, says Olivier Desbarres, director of forex strategy at Credit Suisse. He also expects a market neutral assessment from U.S. Fed chief Ben Bernanke at his testimony to Congress.

Opportunities Still Exist in Asia

The markets have gotten ahead of themselves, believes Stephen Gollop, CEO of Tyche, adding that on the private equity side, they are not as attractive as they were six months ago. But he tells CNBC that there's still some life in Asia.

Upbeat on Chinese Banks

Lorraine Tan, vice president of equity research, Asia, at Standard and Poor's Equity Research tells CNBC that she is in favor of Chinese financials, but selective on energy and material stocks.

Blasts a Negative for Indonesia's Property Market

The Jakarta bomb blasts will have a negative impact on the country's property market but it will only be short-lived, believes Chua Chor Hoon, senior director & head, SEA research at DTZ Debenham Tie Leung.

Watch Out for Wide & Wild Fluctuations in HSI

Peter Lai, director at DBS Vickers Securities expects to see wide and wild fluctuations in the Hong Kong market.

Upbeat on Taiwan's PCs

Keep a look out for the PC sector in Taiwan, says Seow Hock Hin, senior vice president of institutional sales at MF Global. He tells CNBC that Quanta Computer is one of his top picks.

 Print
Global stocks were higher Friday on hopes that the global economic slowdown is receding after key U.S. companies reported better-than-expected earnings. Experts tell CNBC their forecasts for the future and how investors should position themselves.

   
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