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.

Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession, World Bank President Robert Zoellick said Wednesday.

U.S. Treasury Secretary Timothy Geithner said on Wednesday he believes strongly in the need to maintain a strong dollar and said the United States was determined to get its budget deficit down.

China is the place to invest for HSBC, said its Asia Pacific CEO, Sandy Flockhart.

Oil prices steadied Wednesday as the dollar rebounded from 15-month lows, countering data showing strong demand growth from No. 2 consumer China.

The dollar rallied from a 15-month low against major currencies Wednesday in a technical rebound after selling pressure failed to push the U.S. currency through key levels.

Treasury secretaries have made "a strong dollar policy" the key part of their rhetoric, but the currency has lost nearly a fifth of its value.

The seeming disconnect between the value of the dollar and the value of stocks is, in fact, not much of a disconnect at all, the New York Times reports.

The Chinese authorities won't allow the yuan to appreciate over the next year or so, said David Roche, global strategist at Independent Strategy Ltd.

Investors should be “dancing near the door” when playing the rally in stock markets, David Roche, global strategist at Independent Strategy, told CNBC on Tuesday.

Oil prices fell Tuesday as the dollar firmed and energy companies began restoring offshore operations disrupted by Tropical Storm Ida.

The dollar firmed Tuesday from the 15-month low touched in the prior session as investors saw Monday's fall as too far, too fast.

The United States sees China as a vital partner and competitor, but the two countries need to address economic imbalances or risk "enormous strains" on their relationship, President Barack Obama said.

Middle-aged investors looking to retire in about 20 years should position their portfolios to have a 25 to 30 percent stake in equities outside of the United States, Bill Gross, co-chief investment officer at PIMCO told CNBC Monday.

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.