Global Markets React as PBOC Verbally Supports Yuan

China's central bank offered assurance that the yuan was not headed for a disorderly devaluation, easing concerns of global markets. Bloomberg's Jonathan Ferro and Nick Wadhams examine how markets have adjusted to the move and the verbal support for the currency by the People's Bank of China. They speak on "Bloomberg Surveillance." (Source: Bloomberg)

Perella CEO Says No One Is Working on an IPO Prospectus
09:35 - Bob Steel, chief executive officer and partner at Perella Weinberg Partners, discusses the company’s approach to acquisitions and how long it may take to go public. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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