Markets in turmoil. Squawk Box anchors dissect all the dramatic action across asset classes. Wall Street logs its worst day of 2019 with the Dow plunging more than 750 points, as Washington labels Beijing a currency manipulator. Apple bears the brunt of the sell-off, having the most negative impact on the major indices. Asian equities remain very much in the red following the Chinese government’s decision to suspend purchases of American agricultural produce. However, U.S. futures recover after the PBOC eases some concerns, with Beijing setting the mid-point fix of the yuan at a stronger-than-expected level. Anxiety also moderates in safe havens, with gold coming off a fresh six-year high.

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