Richard Kelly, head of global strategy at TD Securities, interprets recent moves by the People's Bank of China and predicts what else it may do to prop up the Chinese economy.» Read More
China's yuan opened weaker against the dollar on Monday but was stronger than the official midpoint fixed by the central bank.
Second-quarter gross domestic product from Japan will likely pile on the worry for markets already jumpy about global economic growth.
The precipitous downturn in gold has taken the market to levels not seen since March 2009 but low prices may contain the seeds of the next rally, according to HSBC.
Tai Hui, chief Asia market strategist at JP Morgan, says China is allowing markets to have a "little bit more say" in how the yuan was valued.
Recent changes to how China manages the yuan could bring the country "quite close to a float" in its exchange rate, a top IMF official said Friday.
With a weakened Yuan, this small-business importer may be positioned to benefit.
Asian shares turned mostly lower late Friday, as investors weighed the Chinese central bank's midpoint rate for the yuan.
Global markets may have convulsed since China pushed its currency lower but the step is "completely meaningless," says perma-bear Marc Faber.
Singapore's property shares, already hit by expectations of rising rates, took a beating after China devalued its currency and more pain may be ahead.
Asian stocks mostly erased losses to rise on Thursday, after a closely-watched press conference from the People's Bank of China.
Even as the People's Bank of China weakened the yuan for the third day, doubts remained about Beijing's commitment to a freely-floating currency.
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.
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 yuan’s fall continued to weigh on global investment markets.
Asian equities headed further south on Wednesday, as the People's Bank of China allowed the yuan to extend sharp losses for the second straight day.
Chinese's surprise move to devalue the yuan, a looming Fed rate hike and weakening economies have created a perfect storm for Asian currencies.
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.
China's currency devaluation spooked markets, but the real fear is that what's behind the move could be a bigger problem for the world economy.
The People's Bank of China has allowed the yuan to depreciate sharply, sending a shock through currency markets.
China shares shook off weak economic data, surging nearly 5 percent after a report the mainland will finally begin to reform its state-owned enterprises.