Global stocks began the day higher, with Asian markets jumping more than 2 percent, lifting world shares to a 10-month high. Oil prices also climbed towards a 10-month peak and copper futures rose on hopes the global economic recovery is picking up steam.
Experts tell CNBC there is value in Asian stocks, especially Chinese resource stocks, as well as commodities in general.
Investors are at the bottom of the market cycle, says Warren Hogan, chief economist at ANZ Bank.
The Case for Developed Markets
Douglas Isles, executive director of Pengana Capital prefers developed markets like Japan and Australia to emerging markets like China, India and Indonesia.
Time to Get Into China
The recent pullback in the Chinese markets has provided an opportunity for investors to get in at a cheaper price, according to Lorraine Tan, VP of equity research at Standard and Poor's Equity Research.
Upbeat on Chinese Resource Stocks
Chinese resource stocks listed in Hong Kong look attractive at their current price levels, according to Peter Lai, director of DBS Vickers Securities.
Bullish on Commodities Long-Term
Commodities may tread water for the time being, says Patrick Noble, senior investment strategist at Zurich. He tells CNBC that commodity prices could find support in the long-term.
Risks for Miners
Costs, consolidation and capital are the top risks to miners, says Mike Elliott, global mining & metals leader from Ernst & Young.
Stay short on the US dollar, excluding the Japanese yen, says Sean Callow, senior currency strategist at Westpac Bank.
S&P: Time to Shift to a 'Neutral' Stance on Rates
Now may be time to move towards a neutral stance on fiscal and monetary policies, says Lorraine Tan, VP of equity research at Standard and Poor's Equity Research.
US Recovery Depends on Consumer
The recovery of the U.S is dependent upon the consumer, says Sean Callow, senior currency strategist at Westpac Bank.