Chinese stocks turned negative on Thursday, as the central bank's comments fueled confusion yet again, says Stephen Davies, CEO at Javelin Wealth Management.
News that the People's Bank of China propped up the yuan late Wednesday indicate that the central bank wants to bring stability back into the market, says Mitul Kotecha, head of Asia FX and rates strategy at Barclays.
Edward Dempsey, chief investment officer at Pension Partners, says he is positioned defensively in Treasurys and the U.S. utility sector amid the market volatility.
Xavier Jean, director of APAC corporate ratings at Standard & Poor's Ratings Services, explains whether the devaluation of the yuan could impact corporate debt in Southeast Asia.
Lena Teoh, Asia Pacific head of asset allocation at Credit Suisse Private Banking & Wealth Management, says the depreciation of the yuan is fueling negative sentiment in Asian currencies.
Wendy Huang, head of Asian Internet & Media at Macquarie, discusses Alibaba's disappointing quarterly revenue and explains whether the $4 billion share buyback signals lackluster growth ahead.
Jeffrey Williamson, director of California State Trade and Exports, says the devaluation of the yuan will likely have little impact on Californian exports, which are already reeling from a weaker euro.
Richard Iley, chief economist of emerging markets at BNP Paribas, says the People's Bank of China (PBOC) has a strategy of "generalized devaluation" to weaken the yuan by at least 5 percent.
Quincy Krosby, market strategist at Prudential Financial, says the rebound on Wall Street overnight suggests short covering, especially in the energy sector.
Charles Li, CEO of Hong Kong Exchanges and Clearing (HKEx), says the move to devalue the yuan is part of China's plan to seek inclusion into IMF's Special Drawing Rights (SDR) currency basket.
Skip Aylesworth, portfolio manager of Hennessy Technology Fund, explains why Alibaba's announcement of a $4 billion share buyback program failed to shore up its stock price.
Jeremy Hill, managing director of Old Blackheath Companies, expects the dollar to be firm in the long run and discusses whether there's a buying opportunity in U.S. stocks following this week's losses.
The U.S. dollar fell on Wednesday to its lowest in about a month against a basket of major currencies.
Ken Brown, WSJ Hong Kong bureau chief, weighs in on latest market action out of the Chinese central bank and currencies.
Bob Mckee, chief economist at Independent Strategy Ltd, discusses how the Chinese government has "blinked" allowing the yuan currency to weaken.
Discussing China's "overnight fix", and whether investor fears are grounded, with Mike Moran, Standard Chartered Bank Senior Currency Strategist.
Discussing the potential global risks from China's currency moves, with Mark Luschini, Janney Montgomery Scott, and Neil Dutta, Renaissance Macro Research.
Trump critical of Yuan devaluation
Boris Schlossberg, managing director at BK Asset Management, discusses how China's decision to devalue the Yuan will impact the Fed and big exporters.
Chris Morrison, head of strategy at Omni Macro Fund, says there is more scope in the dollar/yuan trade for investors.