Market Tips: Don't Expect a Double-Dip
Global stocks rose Thursday, with China's benchmark market making its second biggest gain this year. Experts tell CNBC another leg down in the markets is unlikely.
Double Dips Unlikely
Do not expect a double dip in markets, says Martin Lakos from Macquarie Private Wealth.
Market Pullback Will Not Be Significant
Dodge Dorland, chief investment officer at Landor Capital Management, says the slump in Chinese equities is giving other markets time to pause, but it will not lead to a significant pullback.
Dodge Dorland, chief investment officer at Landor Capital Management says he is long most financials and finds trading opportunities in commodities.
Asian Markets Can Make Further Gains
Ragu Sivanesarajah, senior portfolio manager at AMP Capital Investors believes that all the right things are in place for further gains in the Asian markets.
Bet on China & India
A dollar invested in China and India's freeways will give you more bang for your buck than a dollar invested in U.S. renovations, Lars Kalbreier, global head of equity & alternatives research at Credit Suisse said.
US a Drag on Oil Markets
Helen Henton, head of commodities research at Standard Chartered Bank, does not see much speculation in the oil markets at present and she expects prices to stay around $65-73 in the coming months.
Mixed Forex Market
The cue for forex markets is coming from equities, and Thio Chin Loo, senior currency strategist at BNP Paribas says the Aussie will find support from funds flowing back into riskier assets.
More Upside in Kiwi Seen
Expect more upside in the New Zealand dollar against the Aussie over the next six months, says Jason Anderson, senior economist at BIS Shrapnel.