Global stocks were mixed Monday, with Asian shares recovering after last week's selloff, while European shares dipped as concerns about the Dubai crisis weighed. Experts told CNBC the small correction caused by the Dubai crisis is a buying opportunity.
Dubai Crisis Presents Buying Opportunity
The mini-correction caused by the Dubai crisis presents a buying opportunity, says Adrian Mowat, chief Asian & EM equity strategist at JPMorgan.
Dubai's Woes Won't Derail Global Growth
Dubai's debt woes are not going to lead to any particular downward revisions to global growth, believes Mitul Kotecha, head of global FX strategy at Calyon Hong Kong.
Sovereign Debt Crisis in the Making?
Dubai's problems may be a warning sign of future problems in sovereign debt, says John Noonan, senior FX analyst at Thomson Reuters.
Impact of Dubai Crisis on Aussie
The Dubai crisis has likely ended any hopes of the Aussie reaching parity by Christmas, says Jason Anderson, senior economist at BIS Shrapnel.
Aussie Dollar Direction
People are willing to bail out on the Aussie dollar if risk aversion picks up, says Sean Callow, senior currency strategist at Westpac Bank.
Risk Aversion to Return
Expect risk aversion to return towards the year-end, says Mitul Kotecha, head of global FX strategy at Calyon Hong Kong. He tells CNBC what is weighing on market sentiment.