Market Tips: How to Play the Australian Rate Hike
Global stocks were higher on Tuesday after Australia's central bank became the first to raise interest rates, showing that stronger Asian economies were starting to reverse stimulus policies. Experts tell CNBC that Asian markets will continue to outperform, but that U.S. stocks still hold value.
Positive on Asia
Asia's equity markets will outperform other equity markets around the world, believes Philip Niem, head of Asian discretionary portfolio mgmt at Barclays Wealth. He reveals where the safest bets are in this region, in this installment of "Protect Your Wealth."
Tapping India's High Net Worth Market
India is set to become a trillion dollar market for wealth managers by 2012, according to some reports. Vikas Agnihotri, CEO of Religare Macquarie Private Wealth sheds more light on this industry.
Aussie Dollar Seen Gaining
Expect to see continued support for the Aussie dollar as the market prices in more interest rate rises in Australia, says Jim Vrondas, manager of corporate business at OzForex, after the RBA hiked rates earlier.
US Still Offers Value
Discussing the prospect of a market correction, Bill Mann, portfolio manager at Motley Fool Independence Fund says there is a renewed sense of vertigo among investors.
US Jobless to Stay High
The U.S. recovery is not U-shaped and as labor is a trailing indicator, expect unemployment to continue to rise, says Bill Mann, portfolio manager at Motley Fool Independence Fund.
End of Dollar Dominance?
It is inevitable that we are seeing the emerging and developing economies move their emphasis away from dollar dominance, say Emmanuel Ng, currency economist at OCBC Bank. He tells CNBC that this will take its toll on the dollar going ahead.
Gold markets rallied following weakness in the greenback. Daniel Cronin, senior commodities analyst at PitGuru.com discusses the safe haven investment.
Lukoil Has Incredible Value: Analyst
Bill Mann, portfolio manager at Motley Fool Independence Fund finds good value in Russian oil producer Lukoil at current prices.
Future of Hedge Funds
Jeffrey Tumolo, chief investment strategist at TAG Associates says regulatory changes will require portfolio managers to improve their risk management systems and change tactics.