Ongoing worries over China's economy weighed Asian equity markets down on Wednesday, while overnight losses on Wall Street further ignited a flight-to-safety.» Read More
Dominic Schnider, Head of Commodity Research at UBS Wealth Management speaks about the outlook for commodities in light of current risk events.
Richard Bove, Vice President of Equity Research, Financial Sector, at Rafferty Capital says the repo market and short term funding of big banks will be hurt if a U.S debt default occurs.
Chris Tedder, Research Analyst at FOREX.com says while the headlines coming from Washington are causing choppy price action in markets, there is too much at stake for lawmakers to fail.
Peter Boockvar, Chief Market Analyst at The Lindsey Group, says investors should be more focused on what the Fed is going to do and how the earnings season is going to shape up.
Gold’s performance as a safe-haven has proved lackluster recently, however a strategist believes that it could rally up to 20 percent soon.
Curtis Chin, Managing Director, RiverPeak Group and former U.S. Ambassador to the Asian Development Bank says the U.S needs to do more than just diplomatic or defense efforts.
Peter Elston, Head of Asia Pacific Strategy & Asset Allocation at Aberdeen Asset Management, says politics is making it hard for the Fed to make a proper exit from QE.
Bill Maldonado, CIO, Asia Pacific at HSBC Global Asset Management says the valuations of cyclical stocks are dirt cheap compared to defensives, which will ultimately hurt the latter sector.
Sean Hyman, Editor of Moneynews, Ultimate Wealth Report explains why gold hasn't responded to Yellen's nomination. He calls the gold sell-off a pullback and expects prices to hit $1,500-$1,600 soon.
Frank Holmes, CEO & CIO at U.S. Global Investors explains why the Fed won't start to taper QE for at least another 2 years. He also makes the case for gold and energy companies.
Lachlan Colquhoun, Head of Markets Analysis at East & Partners says Mizuho's scandal involving loans to criminal groups in Japan could damage the bank's reputation.
Marcus Svedberg, Chief Economist at East Capital draws similarities between Washington's looming debt default to the euro zone's debt mess.
Steven Pelayo, MD & Regional Head of Technology, Equity Research, at HSBC, discusses the state of Taiwan's major chip makers ahead of the release of September sales numbers.
Glenn Maguire, Chief Economist, Asia Pacific at ANZ says the only solution to Washington's budget deadlock is to kick the can down the road and come up with a short-term plan.
Jim Paulsen, Chief Investment Strategist at Wells Capital Management says the U.S. fiscal drama is not a real crisis and it presents a 'whale of an opportunity' to buy good assets with beaten-down prices.
Yields on one-month Treasury bills head higher, a sign that investors are nervous about the U.S. government defaulting on its debt obligations.
Prakriti Sofat, Regional Economist, Barclays says current account deficit will easily hit 3.5% of GDP this year. She says the government needs to implement reforms to increase the manufacturing share of exports.
John Sculley, Partner, Sculley Brothers says that the U.S. is struggling to find a balance with two different ideas of running an economy, noting that neighboring Canada is in a more stable state.
Peter Marrs, Executive Director, End User Computing, Asia-Pacific Japan at Dell unveils the company's new line of tablets and laptops in Asia as it shifts its focus towards smaller mobile devices.
David Walker, Former U.S. Comptroller General says the U.S. will never default on its debt and that the Treasury should prioritize its debt service payments.