Global stocks were firmer on Monday as metal prices rose on strong Chinese demand hopes. But crude prices were weak as renewed concerns about energy demand prompted investors to sell down their positions.
Experts told CNBC that stocks can still go higher, while the oil market could be in for a further correction.
Buy on Dips as Equities Still in Bull Run
Roger Groebli, executive director at LGT Capital Management says equity markets are still in a bull run and investors should buy on dips, especially for those who had missed the rally in 2009.
Crude Market In For Further Correction
The crude market could correct further, says Peter McGuire, managing director at CWA Global Markets.
Dollar Bounce Expected
There is a good reason for a dollar-bounce, predicts Sean Callow, senior currency strategist at Westpac Bank. He shares his outlook for the dollar & commodity currencies.
China Data to Impact Dollar
China's economic data will have a strong impact on the greenback, says Damien McColough, chief interest rate strategist at Westpac Institutional Bank.
Yen Set to Weaken
The yen may become another carry-trade currency that will support the US dollar, says Andrew Freris, senior investment strategist at BNP Paribas Wealth Management, which could eventually see the Japanese currency weaken progressively.
Investing in Asia
China, Hong Kong and South Korea will be on a growth trajectory, says Paul Heffner, CEO at Gen2 Partners.