The yen fell in early Asian trade on expectations of significant monetary stimulus by the BOJ, a day after it had posted its biggest gains in a month. » Read More
Jigar Shah, CEO of Maybank Kim Eng Securities, says the yuan's sharp depreciation will likely affect Indian manufacturers and spark a competitive devaluation in the rupee.
Raymond Jook, managing director at Avant Capital Management, expects the slew of Chinese data on Wednesday to paint a picture of weak growth, adding to the likelihood of further easing in the next few months.
Big-spending Chinese tourists fear their wings will be clipped if Tuesday's shock yuan devaluation develops into a deeper dent in their spending power.
Hartmut Issel, head of Asia Pacific equity & credit at UBS Wealth Management, says the yuan's devaluation indicates that China may be looking to weigh the yuan against a basket of currencies, just like Singapore.
Jin Yoon, director and head of internet research at Mizuho Securities Asia, outlines his expectations for the earnings results of internet behemoths Tencent and Alibaba.
Sim Moh Siong, FX Strategist at Bank of Singapore, says worries about competitive devaluations globally will likely persist after China's weaker yuan fixing early Wednesday.
U.S. companies reliant on China will be affected by the yuan's depreciation, but consumers will likely benefit from cheaper imports, says David Dietze, chief investment strategist at Point View Wealth Management.
Stanley Szeto, chairman and CEO of Lever Style, says the yuan's fall has limited effect for local businesses. Alex Wong, director of Asset Management at Ample Capital, explains why there's room for further yuan devaluation.
Michael Kurtz, global head of equity strategy at Nomura, says Tuesday's decision to devalue the yuan is in line with the goal of making the Chinese currency more market-determined.
Alicia Yap, head of China Internet Research, Asia Ex-Japan Equity Research at Barclays, outlines her expectations for the earnings of Tencent and Alibaba amid a surprise devaluation of the yuan.
Barry McInerney, co-chief executive officer of BMO Global Asset Management, says the devaluation of the yuan won't be well-received in the near term as markets prefer traditional monetary and fiscal policies.
Christoffer Moltke-Leth, head of sales trading, Asia Pacific at Saxo Capital Markets, says the devaluation of the yuan on Tuesday marks a shift to a more market-based currency policy in China.
Jerry Webman, chief economist & senior investment officer at OppenheimerFunds, says China's decision to weaken the yuan on Monday marks a shift to a more market-determined exchange rate.
Cynthia Meng, managing director, China/HK TMT Equity Research at Jefferies Hong Kong, explains why Chinese ADRs such as Tencent will see a "moderate impact" from the devaluation of the yuan.
Eswar Prasad, senior professor of Trade Policy at Cornell University, says the currency devaluation was an "opportunistic move" by Beijing to fend off criticisms from international and domestic watchers.
David Donabedian, CIO of Atlantic Trust, says China's surprise move to devalue the yuan adds to worries about a stronger U.S. dollar and the global economic outlook.
The yuan suffered its biggest fall in over two decades on Tuesday.
David Demshur, CEO & President, Core Laboratories, discusses where he sees oil headed following today's news out of China.
Discussing how China's move will impact the Fed, with CNBC contributor Ron Insana and Michael Farr of Farr, Miller and Washington.
Is there a buying opportunity in commodities after China depreciated its currency? Jane Foley, senior FX strategist at Rabobank, discusses.