3 ways the pros are trading markets right now — including a mistake one says bond traders are making

CNBC Top News ·

3 ways the pros are trading markets right now — including a mistake one says bond traders are making

U.S. futures are surging on hopes that the U.S. and Iran are nearing an agreement to end the war. In Asia, South Korea's Kospi hit another record Wednesday and topped 7,000 for the first time, …

U.S. futures are surging on hopes that the U.S. and Iran are nearing an agreement to end the war. In Asia, South Korea's Kospi hit another record Wednesday and topped 7,000 for the first time, boosted by technology heavyweight Samsung, which joined the $1 trillion club. European equity markets are also firmly in the green amid a swathe of earnings, including Novo Nordisk, which hiked its guidance after sales of its new Wegovy pill came in ahead of expectations. Here are three investment strategies we heard from guests in CNBC's Singapore and London studios on Wednesday to help navigate the noise. Banks AI boost Aoifinn Devitt, senior investment advisor at Moneta, said investors should explore trades adjacent to the AI hyperscalers, saying there is a play in financials. She said that major tech players need to issue debt and equity to fuel the AI boom, and this will prove a boon to banks. "We have rates potentially moving things, which will ultimately also translate, perhaps into a better mortgage lending segment, so it all translates well for financials, which is exactly where we can get that breadth in equity exposure that investors may need," she said. Devitt added there are companies in Asia and Europe "flying below the radar," saying there will be innovation in that space. "We do see that this long-term diversification on a global scale is key, but equally, that we should be wary of betting against the U.S. …

Original source: CNBC Top News

Mentioned

Wegovy · Singapore · South Korea · London · Samsung · Novo Nordisk