Market Tips: No Big Correction in 2010

By: CNBC.com
Global stock markets saw strong gains in 2009, recovering a large chunk of the losses suffered by investors in the wake of the financial crisis. But will 2010 bring investors more rewards or does it hold the risk of a major correction? Arjuna Mahendran, MD & head of investment strategy, Asia at HSBC Private Bank, told CNBC that he does not expect a correction next year, as long as corporate earnings get off to a strong start.

Don't Expect a Big Correction in 2010
"I don't think there is a big correction coming. If we do have a correction there's an outside chance you could have something like 15-20 percent correction. That's if we have some extraordinarily disappointing numbers in the first-quarter earning season," Mahendran said.

Dollar Likely to Rally in 2010
The dollar is likely to rally throughout 2010, according to Thio Chin Loo, senior currency strategist at BNP Paribas. She explains why to CNBC.

China's Need for Speed
Demand for new cars in China will grow 8-10 percent in 2010, foresees John Zeng, China auto expert at IHS Global Insight. He gives CNBC his insight on China's auto market.

Lights, Camera, Credit!
The expansion of the movie industry in North Asia offers some investment opportunities in private credit, says Paul Heffner, CEO of Gen2 Partners.

Taiex Could Surpass 8,000 Points This Week
The Taiex could surpass 8,000 points this week, predicts Seow Hock Hin, senior VP of institutional sales at MF Global.

Future of the Vietnamese Dong
Alvin Liew, economist, South East Asia at Standard Chartered Bank, expects the Vietnamese government to keep the dong weak for the rest of 2010.

Expect Growth in Indonesia to Pick Up
The pace of economic growth in Indonesia will pick up next year, believes Alvin Liew, economist, South East Asia at Standard Chartered Bank.

Weak Yuan Poses Problems for China
The Chinese government will face a very challenging environment next year because of the value of the yuan, says Lan Xue, head of China research at Citi Investment Research.
© 2009 CNBC.com