BEIJING/ SHANGHAI, July 27- China is facing extreme difficulties in its bid to reduce overcapacity in the steel industry and will provide more funds to help handle layoffs and debts, the country's state planner said in a statement on its website on Wednesday. China has pledged to cut steel capacity by around 45 million tonnes this year, and by 140 million tonnes by... » Read More
Global stocks were mostly lower Thursday as concerns about the pace of the recovery reared its head. Experts told CNBC they expect dollar weakness for some time to come and suggest staying out of cash.
Global stocks and commodities rebounded on Wednesday, with gold rising to a fresh high near $1,150 an ounce. Experts told CNBC stocks are likely to rally through until the end of the year.
While not being comfortable with the current gold trade, Dennis Gartman told CNBC that the price of the precious metal will "continue to go up until it stops."
Global stocks gained Monday as gold hit a fresh new record above $1,130 an ounce. Experts told CNBC the energy sector face a malaise in the short-to-medium term, but Asia still holds a lot of investment potential.
Global stocks were mixed Friday as the dollar eased from gains made the previous day. Experts told CNBC investors with a longer-term time horizon should stay fully invested.
Global stocks were mixed Thursday as gold hit a new higher above $1,120. Experts told CNBC that stocks in the U.S., Europe and China still look attractive.
Global stocks rose on Wednesday, with sentiment lifted by upbeat economic data out of China. Experts told CNBC investors should forget about currencies and fixed income and rather focus on benefiting from asset-price inflation by getting into real assets.
The gem market, like most others, has taken strain since the economic downturn hit. But with the climate improving and with prices below their estimates, could now be the time to add sparkle to your portfolio?
Global stocks rose and the dollar fell on Monday after the Group of 20 pledged to keep stimulus in place until recovery was assured. But experts told CNBC gold is still king and the dollar will be on the defensive as more investors look towards currencies such as the Australian dollar.
Global stocks were mostly higher Friday ahead of the U.S. jobs report for October. But experts told CNBC they are skeptical of the current stock rally and see a bubble forming in all asset classes.
Global stocks were in the green on Wednesday ahead of the Federal Open Monetary Committee's interest-rate announcement. Economists expect the U.S. central bank to keep interest rates low "for an extended period," even as the economy shows signs of improving.
Global stocks were down sharply Tuesday as investors continued to fret over the early removal of government stimulus, particularly in the financial sector. Experts told CNBC the yen remains the favorite among the carry trades.
Global stocks were mostly lower on Monday, sticking close to one-month lows as news of CIT Group finally filed for bankruptcy underscored the continuing fragility of parts of the financial sector. Experts told CNBC safe-haven trading is back – for now.
Global stocks were mixed Friday after the Dow's 2 percent gain overnight on better-than-expected U.S. GDP figures that showed the world's biggest economy exited recession in the third quarter.
Global stocks were mixed on Thursday, with Asian shares closing lower, while European shares edged up to trade flat on the day, ahead of U.S. third-quarter GDP data. Experts told CNBC that despite an expected rise in activity in the world's largest economy, oil is still susceptible to a drop in price.
Global stocks were lower on Wednesday on worries of the pace of the economic recovery after a dip in U.S. consumer confidence. But experts told CNBC the market still has upward momentum.
Global stocks were mixed on Tuesday, as Asian shares followed Wall Street's overnight selloff, while European share rose on the back of a positive outlook from BP. Experts told CNBC a pullback would be healthy as it will set up the market for another rally.
Global stocks rose on Monday, starting the week in positive territory, ahead of another host of corporate earnings results. Experts told CNBC investors should begin to return to a fundamentals-focused portfolio.
Global stocks fell on Thursday, tracking Wall Street's overnight losses as some corporate earnings disappoint. The dollar rose while oil and gold took a breather. Experts told CNBC markets are heading for a down period, so it may be wise to invest in safe-haven gold.
Global stocks were in the red on Wednesday as profit taking in technology stocks pushed Asian shares lower. Experts told CNBC there is a small correction ahead, then stocks can move upwards from there.
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