- The Australian dollar has rallied 7% since January. Barron's says it could continue to rise as China's economy stabilizes and metals and oil rebound, providing a tailwind for Australian stocks.
- "If you're a fund manager sitting in Tokyo, Hong Kong, Boston, or London, and you're saying, 'Where in the world am I going to put my money?' Australia looks attractive in terms of yield, policy common sense, and low levels of government debt, and you would say, 'I need to have some money in there because it's a relatively good story,' " says Market Economics' Stephen Koukoulas.
- Barron's is positive on iShares MSCI Australia ETF (NYSEARCA:EWA), Aberdeen Australia Equity CEF (NYSEMKT:IAF), BHP Billiton (NYSE:BHP), WisdomTree Australia & New Zealand Debt fund (NYSEARCA:AUNZ), Rio Tinto (NYSE:RIO), South32 (OTCPK:SHTLF, OTCPK:SOUHY) and Aurizon Holdings (OTC:AZKHY, OTCPK:QRNNF).