Global stocks rose on Monday, with Asian shares hitting 17-month highs, as a strong rebound in China's exports raised investor optimism about Asia's economies. The dollar suffered its biggest loss in six weeks after poor U.S. jobs data.
Experts told CNBC that the first half of the year looks positive for the U.S. and Asia, and that there is still a chance of the dollar rebounding in the year.
Upbeat on H1 2010
Greg Bundy, vice chairman at AIMS Financial tells CNBC that he is optimistic about the first-half of 2010 both in Asia and the U.S.
Stay Invested or Get Invested
Stay invested or get invested if you haven't been invested, advises Tony Raza, director of asset allocation at UOB Asset Management.
Greenback Seen Rebounding in 2010
Expect the greenback to rebound sometime in 2010, says Euan McCreadie, senior corporate dealer at OzForex, as he believes the U.S. economic recovery is well in place.
Dollar Rally Still Has Legs
Sean Callow, senior currency strategist at Westpac Bank is reasonably optimistic about the dollar in the first-quarter, as he expects the greenback to be supported by an improving U.S. economy.
Weak Greenback Expected in Year Ahead
The U.S. dollar is expected to be slightly weaker in the year ahead, says Rob Henderson, chief economist of markets at NAB Global Markets Research. He tells CNBC that the greenback will fall against the euro.
Hot Chinese Sectors to Bet On
Bet on China's transportation and green energy stocks, suggests Andrew Leung, founder of Andrew Leung International Consultants.
Implications of a Strengthening Yuan
Beijing will probably appreciate the yuan by about 3-3.5% in 2010, predicts Tony Raza, director of asset allocation at UOB Asset Management. He outlines the implications this yuan appreciation will bring.